Tag: “Economy”

China’s factory activity falls faster than expected as recovery stumbles

China’s factory activity shrank faster than expected in May on weakening demand, heaping pressure on policymakers to shore up a patchy economic recovery and knocking Asian financial markets lower.

Germany May preliminary CPI +6.1% vs +6.5% y/y expected

The downside miss was already foreshadowed by the state readings earlier and this marks the lowest level in annual headline inflation in Germany since February last year.

China’s disappointing rebound could bring in more stimulus, economists say

China’s much-vaunted economic rebound after its emergence from strict zero-Covid lockdown measures has yet to fully materialize, prompting some economists to speculate that further fiscal stimulus or monetary policy easing could be coming down the pipeline.

French Inflation Dropped More Than Expected in May as Energy, Food Prices Ease

French inflation fell more than expected in May, on a slowdown of energy, food and services prices, though still remains stubbornly above the target set by the European Central Bank.

Very few U.S.-China flights are back despite the end of Covid

Fewer than 6% of U.S. flights to and from mainland China that existed in 2019 have resumed, according to a Nomura report.

ECB’s de Guindos warns financial markets are vulnerable to a sharp sell-off

Financial markets could face a sharp downturn in the event of any further shocks to the global economy, European Central Bank Vice-President Luis de Guindos told CNBC on Wednesday.

ΕΛΣΤΑΤ: Μείωση 13,3% στις τιμές παραγωγού στη βιομηχανία τον Απρίλιο

Μείωση 13,3% εμφάνισε ο Γενικός Δείκτης Τιμών Παραγωγού στη Βιομηχανία τον Απρίλιο, σε σύγκριση με τον αντίστοιχο δείκτη του Απριλίου 2022, έναντι αύξησης 48,8% που σημειώθηκε κατά την αντίστοιχη σύγκριση των δεικτών του έτους 2022 με το 2021.

ΤτΕ: Πτώση 15 εκατ. στις καταθέσεις του ιδιωτικού τομέα τον Απρίλιο

Οι καταθέσεις των νοικοκυριών αυξήθηκαν κατά 1,129 δισ. ευρώ- Οι αποταμιεύσεις των επιχειρήσεων μειώθηκαν κατά 1,144 δισ. ευρώ.

ΤτΕ: Μειώθηκαν τα δάνεια προς τις επιχειρήσεις τον Απρίλιο

Η μηνιαία καθαρή ροή της χρηματοδότησης προς τις επιχειρήσεις, τον Απρίλιο του 2023, ήταν αρνητική κατά 582 εκατ. ευρώ, έναντι θετικής καθαρής ροής 1,236 δισ. ευρώ τον προηγούμενο μήνα.

Eurozone Economic Sentiment Fell More Than Expected in May

Confidence among businesses and consumers in the eurozone sank in May by more than expected, indicating that the economic revival after 2022’s energy-price shock has started to fade.

Debt Ceiling Deal Faces Opposition on Both Sides of Aisle in Congress

The agreement between President Joe Biden and House Speaker Kevin McCarthy to lift the federal debt limit has received opposition from both Democrats and Republicans.

China’s disappointing rebound could bring in more stimulus, economists say

China’s much-vaunted economic rebound after its emergence from strict zero-Covid lockdown measures has yet to fully materialize, prompting some economists to speculate that further fiscal stimulus or monetary policy easing could be coming down the pipeline.

ΕΛΣΤΑΤ: Αύξηση 6,1% στον τζίρο του εμπορίου χονδρικής τον Μάρτιο

Άλμα 14,1% εμφανίζει ο δείκτης όγκου στο χονδρικό εμπόριο τον ίδιο μήνα

Turkish stocks rise, lira hits fresh record low after Erdogan wins re-election

Turkish stocks climbed on Monday, while the lira hit a fresh record low after President Recep Tayyip Erdogan was re-elected and embarked on his third decade in the top position.

Spanish prime minister calls for early general election

Spain’s Prime Minister Pedro Sanchez has called for the Spanish Parliament to be dissolved and for an early general election to be held on July 23.

Στήριξη στην ελληνική βιομηχανία με επιδοτήσεις 50 ευρώ ανά μεγαβατώρα για όλο το 2023

Το πλαίσιο στήριξης της ελληνικής ενεργοβόρας βιομηχανίας κοινοποίησε λίγες μέρες πριν τις εκλογές της 21ης Μαΐου, στην Κομισιόν η απερχόμενη πολιτική ηγεσία του υπουργείου Περιβάλλοντος και Ενέργειας

Inflation rose 0.4% in April and 4.7% from a year ago, according to key gauge for the Fed

Inflation stayed stubbornly high in April, potentially reinforcing the chances that interest rates could stay higher for longer, according to a gauge released Friday that the Federal Reserve follows closely.

US economy beats back ‘dubious’ recession fears after GDP, jobs data top expectations

On Thursday, revisions to first quarter economic data showed the economy grew faster than initially expected despite inflation coming in higher than first noted.

Debt ceiling talks enter crunch time as negotiators get closer to a deal

Urgent talks to raise the U.S. debt ceiling appeared to move closer to a deal Thursday, with only seven days to go before the United States faces an imminent threat of debt default.

UK retail sales fall in May after April rise, outlook less gloomy: CBI

British retail sales declined this month after a modest rise in April but stores expect sales volumes to stabilise in June as consumer confidence improves and energy prices fall, a survey showed on Thursday.