Volume of retail trade down by 0.3% in euro area
Although compared to the previous year, retail sales index increased by 2.6%...
Tag : Eurostat
Eurozone sees inflation rate rise to 1.5%
While unemployment rate in the eurozone remains unaltered at 9.1%...
Eurozone: What recovery?
Disappointing GDP data highlight a lack of improvement in the economy, but the ECB is likely to ignore calls for action as it continues to evaluate policies already enacted August 18, 2014: According to Eurostat’s flash estimate, Eurozone GDP showed 0.0% growth in the second quarter, down from 0.2% in the first quarter. The figure...
French woes continue, industrial output falls in May
Unofficial survey brings no good news for June as output levels and new orders witness sharp decline, reports Team IFM Paris, July 15, 2014: Quick recovery continues to prove elusive for France, the world’s fifth largest economy by nominal GDP, with industrial production taking a plunge in May, accompanied by inflation that hit its lowest...
German factories on a roll in April, see orders recover
Markit data however paints more subdued picture for May despite robust beginning to second quarter, reports Team IFM Wiesbaden, June 12: Orders at German factories posted a remarkable recovery in April after taking the sharpest nosedive in a year the month before, official data released here on Thursday said, while an independent survey showed order...
Why is the Russian Slowdown Overhyped ?
International Finance Magazine reviews the economic slowdown in Russia, it’s over dependence on the energy sector, reforms by the government to offset the crisis, impacts of WTO membership and the reasons for the rouble to crumble. 26th August 2013 The Eurozone is showing signs of economic recovery with increased manufacturing activity in France and Germany,...