March 2023 News

Germany's Industrial Surge: Factory Orders Jump 3.6% in March, Signaling Economic Resilience

Germany's factory orders rose by 3.6% in March, with domestic and foreign demand driving growth across various sectors, including electrical equipment and pharmaceuticals, signalin...

Eurozone Retail Sales Dip Slightly in March Amid Mixed Sector Performances

Eurostat reports a 0.1% decline in Eurozone and EU retail trade in March, with annual growth of 1.5% and 1.4% respectively. Sector performances vary, with automotive fuel sales up ...

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

Germany's factory orders rose by 3.6% in March, showcasing economic resilience with significant growth in both domestic and foreign orders. Key sectors like electrical equipment an...

March Sees US Trade Deficit Surge to $140.5B, Marking a Significant Monthly Increase

The US trade deficit increased by 14% in March to $140.5 billion, with exports rising slightly and imports seeing a significant jump. Year-over-year, the deficit grew by 92.6%, hig...

March Sees a Surprising 6.1% Surge in US Pending Home Sales, Highest Since December 2023

US pending home sales experienced a significant 6.1% increase in March, the highest since December 2023, with the South region leading the growth. Despite the monthly surge, there ...

March Sees a Dip in Japanese Consumer Confidence: A Closer Look at the Numbers

Japan's Consumer Confidence Index fell by 0.9 points to 34.1 in March, with mixed movements across its components. The public's price expectations showed a slight shift towards ant...

China's Service Sector Hits 3-Month High in March, Signaling Robust Economic Growth

China's service sector showed significant growth in March, with the Caixin PMI reaching a three-month high of 51.9, indicating optimism among providers despite concerns over global...

March Sees Sharp Decline in US Consumer Confidence Amid Rising Inflation Concerns

US consumer confidence plummeted in March to its lowest since January 2021, with rising inflation and economic worries dampening future expectations. The Conference Board reports a...

March Sees Sharp Decline in US Consumer Confidence Amid Rising Inflation Fears

US consumer confidence plummeted in March to its lowest since January 2021, with inflation expectations rising. The Conference Board reports a significant drop in both present situ...