economic recovery News

India's Manufacturing Sector Hits 16-Month Peak as GST Collections Surge by 7.5%

India's GST collections rose by 7.5% in July, indicating a revival in manufacturing activity. Despite regional variations and challenges like the inverted duty structure, the gover...

Germany's Manufacturing Sector Shows Signs of Recovery in July, PMI Hits Near Three-Year High

Germany's manufacturing sector showed slight improvement in July with PMI at 49.1, the highest in nearly three years. Output prices rose for five months, but production growth slow...

Eurozone Manufacturing Activity Hits 36-Month High in July, Signaling Cautious Optimism

Eurozone manufacturing activity saw a slight improvement in July, hitting a 36-month high, with the PMI rising to 49.8. Smaller economies like Spain and the Netherlands are leading...

UK Manufacturing Sector Shows Signs of Recovery as PMI Hits Six-Month High in July

The UK's manufacturing sector showed signs of recovery in July with PMI reaching a six-month high, though still in contraction. Consumer and intermediate goods sectors returned to ...

Swiss Retail Sector Booms: June Sales Surge 3.8% Amidst Economic Recovery

Switzerland's retail sector experienced a notable upswing in June, with a 3.8% increase in real terms. Excluding service stations, the growth was even higher at 4.5%, with both foo...

IMF Optimistically Adjusts Global Growth Forecast to 3% for 2025, Signaling Economic Recovery

The IMF has raised its global growth forecast for 2025 to 3%, up from 2.8%, with adjustments for 2026 and country-specific growth rates, amid expectations of changing tariff impact...

Spain's Economy Surges: Q2 GDP Growth Exceeds Expectations with a 0.7% Rise

Spain's GDP growth exceeded expectations with a 0.7% rise in Q2 2025, as reported by the INE. Domestic demand significantly contributed to the growth, while trade activities showed...

Germany's Business Climate Shows Signs of Recovery in July, Ifo Reports

Germany's business climate improved slightly in July, with the Ifo headline index rising to 88.6 from 88.4 in June. Despite this, the economic recovery is described as anemic, with...

RBI Governor Hints at Potential Rate Cuts: A Neutral Stance with Future Flexibility

RBI Governor Sanjay Malhotra discusses the potential for future rate cuts, emphasizing a neutral and flexible monetary policy stance aimed at supporting economic recovery while mon...

Germany's Economic Pulse Slows Slightly in July as Manufacturing and Services Show Mixed Signals

Germany's private sector showed mixed performance in July with a slight dip in the Composite PMI. Services expanded, reaching a four-month high, while manufacturing output dipped b...

South Korea's Economy Bounces Back: Q2 GDP Grows 0.6% Fueled by Strong Domestic and Export Performance

South Korea's GDP grew by 0.6% in Q2 2025, rebounding from a negative growth in Q1, driven by strong domestic demand and exports, despite declines in construction and facilities in...

South Korea's Economy Surprises with 0.6% Growth in Q2 2025, Outperforming Expectations

South Korea's economy showed remarkable resilience in Q2 2025, with a 0.6% quarter-on-quarter GDP growth, outperforming expectations. The recovery was supported by a 1.3% rise in G...

China's Economic Surge: A 5.2% GDP Growth in Q2 2025 Signals Robust Recovery

China's GDP growth hits 5.2% in Q2 2025, with the economy expanding by 1.1% quarterly. The primary, secondary, and tertiary industries all show robust growth, highlighting China's ...

South Korea's Retail Sector Optimism Soars to a Four-Year Peak in Q3 Amid Government Stimulus

South Korea's retail sector shows highest economic recovery expectations in four years for Q3, driven by government policies, stock market rebound, and consumer coupons, with conve...

China's Trade Surplus Soars to $114.8 Billion in June, Exceeding Expectations

China's trade surplus unexpectedly rose to $114.8 billion in June, exceeding forecasts with exports up by 5.8% and imports by 1.1% year-on-year, highlighting a strong economic rebo...

Eurozone Investor Confidence Soars to New Heights in July, Signaling Strong Economic Recovery

Investor confidence in the euro area surged in July, with the Sentix confidence index reaching its highest since February 2022. The current situation index improved, and Germany's ...

South Korea Launches Economic Recovery Vouchers: A Lifeline for Citizens and Local Businesses Starting July 21

The South Korean government announces the distribution of economic recovery consumer vouchers starting July 21, offering up to 600,000 won per person to stimulate local businesses ...

Vietnam's Q2 GDP Growth Soars to a Three-Year High, Signaling Robust Economic Recovery

Vietnam's Q2 GDP growth hits a three-year high, with significant contributions from industry, construction, and services sectors. Despite a positive trade surplus and business grow...

Eurozone's Industrial Production Surges by 2.6% in March, Signaling Economic Resilience

The Eurozone's industrial production rose by 2.6% in March, marking a significant step towards economic recovery and highlighting the region's resilience in the face of global chal...

China's Inflation Stagnates: CPI Dips 0.1% in April, Mirroring March's Decline

China's CPI dipped 0.1% in April, unchanged from March, indicating persistent deflationary pressures. Monthly CPI showed a slight recovery, while PPI continued to decline, reflecti...

Significant Drop in US Initial Jobless Claims: A Glimpse of Economic Recovery?

Initial jobless claims in the US fell by 13,000 to 228,000, indicating potential job market stabilization. The 4-week moving average slightly increased, while the insured unemploym...

German Manufacturing Sector Shows Resilience with a 3% Surge in Industrial Output in March

Germany's industrial production rose by 3% in March compared to the previous month, though it saw a slight 0.2% drop from the previous year, indicating both resilience and challeng...

Germany's Industrial Sector Booms: March Sees a 3.6% Surge in Factory Orders

Germany's factory orders rose by 3.6% in March, with significant growth in both domestic and foreign orders. Key sectors like electrical equipment and pharmaceuticals saw double-di...

Surge in German Factory Orders: A 3.6% Rise in March Signals Economic Recovery

Germany's factory orders increased by 3.6% in March, with significant growth in both domestic and foreign orders. Key sectors like electrical equipment and pharmaceuticals saw doub...

Germany's Industrial Surge: March Factory Orders Jump 3.6%, Signaling Robust Economic Recovery

Germany's factory orders rose by 3.6% in March, with significant growth in both domestic and foreign orders. Key sectors like electrical equipment and pharmaceuticals saw double-di...

Germany's Industrial Sector Bounces Back: Factory Orders Surge 3.6% in March

Germany's factory orders rose by 3.6% in March, signaling a strong recovery in the industrial sector. Domestic and foreign orders increased, with significant growth in electrical e...

Spain Sees Significant Drop in Unemployment: A 2.61% Decrease in April

Spain's unemployment rate dropped by 2.61% in April, the largest decrease since May 2022, with significant improvements across all economic sectors.

Eurozone Shows Signs of Recovery as Business Activity Edges Up in April

The Eurozone's private sector showed slight improvement in April with the composite PMI at 50.4, despite a minor drop from March. Services PMI also decreased slightly to 50.1, indi...

Spain's Unemployment Rate Drops Significantly: A 2.61% Decrease in April Signals Economic Recovery

Spain's unemployment rate saw a significant 2.61% decrease in April, with 67,420 fewer unemployed, marking the lowest since May 2022. All sectors experienced declines, led by agric...

April Sees a Surge in Australian Services Activity: What's Driving the Growth?

The Australian services sector experienced notable growth in April, indicating a strong recovery. Experts are analyzing the drivers behind this expansion, including consumer behavi...

Eurozone Manufacturing PMI Hits 32-Month High in April: A Sign of Economic Recovery?

The Eurozone Manufacturing PMI rose to 49 in April, a 32-month high, with Greece and Ireland leading in performance. Despite employment challenges, the industrial economy shows sig...

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

The Eurozone's Manufacturing PMI improved to 49 in April, the highest in 32 months, with Greece and Ireland performing the best. Despite slower employment contraction, confidence w...