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The eurozone private sector returned to growth in July, according to provisional PMI® survey data from S&P Global. Higher output reflected a renewed increase in new orders, with staffing levels also up accordingly. Meanwhile, inflationary pressures eased but remained pronounced. There was also a lessening of supply-chain disruption which helped ...
July saw the German economy return to expansion territory for the first time in four months, driven by a marked upturn in manufacturing production, according to the latest flash S&P Global PMI® survey. Growth was supported by stronger demand for goods and services, including a renewed increase in new export orders. Firms were slightly more optimistic ...
The S&P Global 'flash' PMI data portrayed a more stable picture of economic conditions in France during July as the headline index moved closer to the neutral 50.0 threshold. In doing so, it also registered its highest reading since the outbreak of the Middle East war at the end of February. This reversal reflected a broad stabilisation in France's vast ...
Consumer Climate in Germany has decreased slightly this month by 0.3 points, remaining at a low level. Based on consumers expectations for August, the indicator stands at -29.6 points (previous month revised: -29.3 points). The slight decline is primarily attributable to lower income expectations and a greater willingness to save. In comparison, the ...
EU, commenting on Trump tariffs: It notes positively that this outcome is in line with US tariff commitments agreed under the EU-US joint statement
ECB's Kocher: ECB will act if inflation outlook deteriorates ECB's Kocher: Growth forecast isn't great, but don't see a recession
ECB in Strong Position to Assess Incoming Economic Developments, Nagel Says
The Trump administration on Friday will impose new tariffs of 10% and 12.5% on goods from 60 trading partners, including the European Union, over allegations of lax enforcement of forced labor bans, just as a temporary 10% global tariff expires. The move is the White House's latest effort to restore President Donald Trump's campaign vision of a near-global ...
From think.ing.com | 9 hr ago
ECB president Christine Lagardes comments at the press conference were a good illustration of how close a central bank can get to pre-committing without actually pre-committing. Its obvious that the recent roller-coaster ride of energy prices has made the ECB both more hawkish but also cautious. Where there seemed to be very little need for an additional ...
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