Economy News

Economy

Eurozone Inflation Holds Steady at 2.2% in April: A Deep Dive into the Numbers

Eurozone's annual inflation rate remained at 2.2% in April, unchanged from March. Services led the CPI increase at 3.9%, with Estonia and France recording the highest and lowest in...

Economy

Japan's PM Ishiba Slams US Auto Tariffs as 'Absolutely Unacceptable' Amid Rising Trade Tensions

Japanese Prime Minister Shigeru Ishiba criticizes US auto tariffs as 'absolutely unacceptable' during trade talks, with Washington resisting Japan's exemption from new import dutie...

Economy

Eurozone Manufacturing Sector Shows Signs of Recovery with PMI Reaching a 32-Month High in April

The Eurozone Manufacturing PMI rose to a 32-month high in April, with the Output Index hitting a 37-month peak. Greece and Ireland led the recovery, though employment contracted fa...

Economy

Eurozone Inflation Holds Steady at 2.2% in April: A Deep Dive into the Numbers

Eurozone's annual inflation rate remained steady at 2.2% in April, with services being the largest contributor to the CPI increase. Core CPI rose by 2.7% year-on-year, with Estonia...

Economy

Eurozone's Unemployment Rate Holds Steady at 6.2% in March 2025, Youth Unemployment Sees Slight Dip

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

Economy

Japan's Prime Minister Strongly Condemns US Auto Tariffs as Trade Tensions Escalate

Japanese Prime Minister Shigeru Ishiba criticizes US auto tariffs as "absolutely unacceptable" amid escalating trade tensions, with US officials reluctant to exempt Japan from new ...

Economy

April's Job Boom: US Nonfarm Payrolls Surge by 177,000, Exceeding Expectations

The US nonfarm payrolls added 177,000 jobs in April, exceeding expectations, with the unemployment rate steady at 4.2%. Health care and transportation sectors led job growth, while...

Economy

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

US factory orders surged by 4.3% in March, reaching $618.8 billion, slightly below expectations. Shipments dipped by 0.1%, while unfilled orders rose by 2%. Inventories saw a modes...