Page 48 - Bert Colijn News Today

4 Min Read LONDON/TOKYO (Reuters) -European factories continued to ramp up their post-lockdown recovery in June but Asian manufacturers saw momentum weaken amid rising input costs and the reintroduction of curbs to combat a new wave of coronavirus infections, surveys showed. Labourers work in VinFasts factory in Hai Phong City, Vietnam, April 22, 2021. Picture taken April 22, 2021. REUTERS/Thanh Hue/Files Euro zone manufacturing activity expanded at its fastest pace on record last month while B...

Eurozone Retail Sales Drop More Than Expected BRUSSELS/FRANKFURT/PARIS (dpa-AFX) - Eurozone retail sales fell at a faster than expected pace in April, after rising in the previous two months, as the Covid-19 lockdown restrictions were tightened in some countries. Retail sales decreased 3.1 percent from March, preliminary data from Eurostat showed Friday. Economists had forecast a 1.2 percent drop. In March, sales grew 3.3 percent, revised from 2.7 percent. The latest decline was driven by a 5...

Eurozone Inflation Above Target Sooner Than The ECB Expected The annual rate of inflation in the eurozone rose in May to hit the European Central Bank’s target for the first time since late 2018, as energy prices surged in response to a strengthening recovery in the global economy. The pickup in price rises comes before a June 10 meeting of policy makers at the eurozone’s central bank, which will consider new economic forecasts and whether to continue stimulus programs launched early in the...

Eurozone inflation surged past the European Central Bank’s elusive target in May, heightening a communications challenge for policymakers who will happily live with higher prices for now but may face a backlash from irate consumers.

Reuters 3 minute read Euro zone inflation surged past the European Central Banks elusive target in May, heightening a communications challenge for policymakers who will happily live with higher prices for now but may face a backlash from irate consumers. Inflation in the 19 countries sharing the euro accelerated to 2% in May from 1.6% in April, driven by higher energy costs to its fastest rate since late 2018 and above the ECBs aim of "below but close to 2%", data from Eurostat showed on Tuesda...

Euro zone inflation jumps past ECB target in May 06/01/2021 12:20 FRANKFURT (Reuters) -Euro zone inflation surged past the European Central Banks elusive target in May, heightening a communications challenge for policymakers who will happily live with higher prices for now but may face a backlash from irate consumers. Inflation in the 19 countries sharing the euro accelerated to 2% in May from 1.6% in April, driven by higher energy costs to its fastest rate since late 2018 and above the ECBs a...

BusinessEuro zone business growth hits three-year high but ECB cautious Jonathan Cable 1/4 A woman sits at a cafe at Campo de Fiori after the coronavirus disease (COVID-19) restrictions were eased in Lazio region, Rome, Italy, February 1, 2021. REUTERS/Yara Nardi Read More Euro zone business growth accelerated at its fastest pace in over three years in May, a survey showed on Friday, but European Central Bank President Christine Lagarde said an uncertain recovery still needed emergency support ...

The Eurozone shows signs of a rebound in a double-dip recession According to high-frequency data indicators, the Eurozone economy has begun to recover from the coronavirus pandemic, which provides early evidence that the Eurozone will recover from its strong rebound in the second quarter. Double-dip recession. The increase in the number of job advertisements, the increase in the number of trips to entertainment and leisure venues, and the increase in holiday bookings all indicate that economic ...

As Britain booms again, let us scrub ‘despite Brexit’ from the lexicon By early next year the UK is set to close the entire economic gap with the eurozone that has built up since the Brexit referendum 12 May 2021 • 6:32pm Britain’s coiled-spring recovery is now an economic fact, and it looks even stronger than the most giddy optimists had dared to hope.  Barring any upset from Covid variants or a bond rout, the British economy will be the G7 star this year. That is not in itself surpri...

Euro zone factory activity growth surged to a record high in April, boosted by burgeoning demand and driving a rise in hiring, although supply constraints led to an unprecedented rise in unfulfilled orders, a survey showed. While a third wave of coronavirus infections in Europe has forced some governments to shutter much of their dominant ...