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European Council's Costa: The EU will approve the savings and investment union this year EU's Costa: The next EU budget will double investment in research EU's Costa: Need to approve EU budget by the end of this year
In May 2026, seasonally adjusted retail sales increased by 0.2% in value and by 0.1% in volume compared with April 2026. In the three months to May 2026, retail sales rose by 1.2% in value and by 0.5% in volume compared with the previous three-month period. On a year-on-year basis, retail sales in May 2026 increased by 2.2% in value and rose by 0.4% in ...
After two months of moderate decline in business activity across the euro area in April and May, the latest S&P Global PMI® survey data signalled a stabilisation of the economy at the end of the second quarter. Private sector payroll numbers were also broadly steady, after job cutting had intensified during the previous month. Other positive outcomes ...
Germany's services firms recorded a third straight monthly decrease in business activity in June, with weak demand continuing to weigh on the sector, the latest PMI® survey results showed. The pace of contraction in activity did however slow slightly, with the same also applying to the rate of job losses. Notably, there was a sharp slowdown in the rate of ...
French services activity continued to fall at the end of the second quarter, latest PMI® survey data showed, although the rate of contraction slowed from May's five-and-a-halfyear record. This was also true for new orders, which saw its pace of decline ease noticeably from that seen mid-quarter. Other key findings included a slight pick-up in business ...
The far-right Alternative for Germany is in a buoyant mood as it holds a convention this weekend. It is capitalizing on the unpopularity of a government thats trying to reform the sluggish economy, and eyeing promising prospects of power in an eastern region this fall. Yet the anti-migration nationalist party is as polarizing as ever. Its meeting is ...
Service providers based in Italy signalled the first signs of expansion since the outbreak of war in the Middle East, ending the first half of the year in growth territory. A fresh improvement in overall demand for Italian services underpinned the upturn in activity. Demand from abroad remained weak as export sales continued to contract, but only slightly. ...
Spains service sector enjoyed a strong rebound in activity and new business growth during June amid signs of improved market demand and an uplift in confidence. Jobs continued to be created, with growth the best since March as service providers responded to some notable capacity pressure. On the price front, input price inflation remained elevated, largely ...
In May 2026, after two months of growth, production fell sharply in the manufacturing sector (-1.0% after +0.6% in April 2026). Overall, it also declined, but more slightly (-0.1% after +0.3%). In May 2026*, production declined in all major manufacturing sectors. It fell in the manufacture of transport equipment (-2.8% after +3.3%) and in the manufacture of ...
From westpaciq.com.au | 5 hr ago
The three key themes emerging from this year's ECB Forum in Sintra were: Greater flexibility in monetary policymaking, with central banks placing less emphasis on forward guidance and more emphasis on communicating the framework underpinning policy decisions. The uncertain implications of AI, which has the potential to reshape productivity and labour ...
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