Economy News

Economy

ECB's De Guindos Warns: Navigating Through High Uncertainty Requires Extreme Prudence

ECB Vice-President Luis de Guindos stresses the importance of extreme prudence in monetary policy due to high uncertainty. The ECB is assessing unconventional risks and vulnerabili...

Economy

UK PM Starmer Warns of Global Economic Impact from US Reciprocal Tariffs

UK Prime Minister Keir Starmer discusses the global economic impact of US reciprocal tariffs, emphasizing the UK's readiness to act in its national interest. Business and Trade Sec...

Economy

German Services Sector Hits Four-Month Low as Business Activity Slows in March

The German services sector experienced a slowdown in March, with the Services PMI Business Activity Index at a four-month low of 50.9. However, the Composite PMI Output Index rose ...

Economy

Eurozone's Business Activity Hits a 7-Month High in March, Signaling Economic Resilience

The Eurozone's private sector activity reached a seven-month high in March, with the PMI rising to 50.9. Despite growing employment, demand declined, and business optimism waned. E...

Economy

UK Economy Shows Resilience: Composite PMI Rises to 51.5 in March, Signaling Growth

The UK's PMI Composite Output Index rose to 51.5 in March, indicating economic growth, with the services sector showing significant improvement. Experts highlight technology and fi...

Economy

Eurozone Producer Prices See a Slight Increase in February, Signaling Economic Resilience

The euro area's producer price index rose by 0.2% in February, with the EU seeing a 0.3% increase. Year-on-year, prices grew by 3% in the Eurozone and 3.1% in the EU, with energy p...

Economy

Navigating Trump's Tariffs: Korean Companies Urged to Unite for Strategic U.S. Investment Package

Korean companies are advised to unite and present a U.S. investment package to negotiate Trump's tariffs favorably. Yeo Han-gu emphasizes public-private collaboration and potential...

Economy

Eurozone Producer Prices Show Steady Growth: A 0.2% Rise in February Sparks Economic Optimism

The euro area's producer price index rose by 0.2% in February, with the EU seeing a 0.3% increase. Year-on-year growth was notable at 3% for the Eurozone and 3.1% for the EU, with ...