Economy News

Economy

Eurozone Manufacturing PMI Hits 32-Month High in April, Signaling Economic Resilience

The Eurozone Manufacturing PMI rose to 49 in April, a 32-month high, with Greece and Ireland leading in performance. Despite improvements, employment contracted faster, and confide...

Economy

Eurozone Holds Steady: Inflation Stagnates at 2.2% in April Amid Varied Sector Impacts

The euro area's annual inflation rate stayed at 2.2% in April, unchanged from March, with services, food, alcohol, and tobacco being the main contributors. Core CPI rose by 2.7% ye...

Economy

Eurozone Unemployment Holds Steady at 6.2% in March 2025: A Closer Look at the Figures

The eurozone's unemployment rate remained steady at 6.2% in March 2025, with the EU rate at 5.8%. Germany's low of 3.5% contrasts with higher rates in Spain and Greece, while youth...

Economy

Japanese PM Ishiba Strongly Condemns US Auto Tariffs as Trade Tensions Escalate

Japanese Prime Minister Shigeru Ishiba criticizes US auto tariffs as "absolutely unacceptable" amid rising trade tensions. The US's reluctance to exempt Japan from new import dutie...

Economy

March Sees a Surge in US Factory Orders: A 4.3% Increase Despite Slight Miss on Expectations

US factory orders increased by 4.3% in March, reaching $618.8 billion, though slightly below expectations. Shipments dipped slightly, while unfilled orders and inventories saw mode...

Economy

Eurozone Manufacturing PMI Hits 32-Month High in April, Signaling Economic Resilience

The Eurozone Manufacturing PMI rose to 49 in April, a 32-month high, with Greece and Ireland leading the sector. Despite employment contractions, the output index hit a 37-month pe...

Economy

Eurozone's Unemployment Holds Steady at 6.2% in March 2025: A Closer Look at the Numbers

The eurozone's unemployment rate remained steady at 6.2% in March 2025, with the EU rate at 5.8%. Germany reported a low of 3.5%, while Spain and Greece faced higher rates. Youth u...

Economy

March Sees a Surprising 4.3% Surge in US Factory Orders, Defying Expectations

US factory orders rose by 4.3% in March, totaling $618.8 billion, slightly below expectations. Shipments decreased by 0.1%, while unfilled orders increased by 2%, and inventories s...