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Eurozone economy grows at fastest rate in a year as inflation cools
The eurozone’s economy recorded a third successive month of rising business activity during May, latest HCOB PMI® data compiled by S&P Global showed, with growth accelerating to a one-year high. Stronger demand conditions supported greater output and hiring, while business confidence also improved for the seventh time in the past eight months. As for trends in prices, the lates survey results showed input cost and output charge inflation rates cooling, but still running above their respective pre-pandemic averages. The seasonally adjusted HCOB Eurozone Composite PMI Output Index – a weighted average of the HCOB ... (full story)
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From pmi.spglobal.com|Jun 5, 2024Business activity continued rising across the German service sector in May, with stronger underlying demand providing added impetus to the upturn, the latest HCOB PMI® survey ...
From pmi.spglobal.com|Jun 5, 2024The French service sector experienced a slight setback midway through the second quarter. After rising in April for the first time in nearly a year, activity levels shrank ...
From pmi.spglobal.com|Jun 5, 2024The latest HCOB PMI® showed a sustained upturn across the Italian services economy. Growth was maintained for both new business and activity, but at slightly softer rates. There ...
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From pmi.spglobal.com|Jun 5, 2024The UK services economy grew further midway through the second quarter, although some momentum was lost as expansions in business activity and new orders eased from their 11-month ...
From arabnews.com|Jun 5, 2024Lawmakers from Turkiye’s ruling AK Party and the pro-Kurdish DEM Party brawled in parliament’s general assembly on Tuesday over the detention and replacement of a DEM Party mayor ...
- From ec.europa.eu|Jun 5, 2024
In April 2024, compared with March 2024, industrial producer prices decreased by 1.0% in the euro area and by 0.7% in the EU, according to first estimates from Eurostat, the ...
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- Posted: Jun 5, 2024 4:01am
- Submitted by:Category: Low Impact Breaking NewsComments: 0 / Views: 2,044
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