euro area
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Annual inflation in OECD area eases in September
27 OECD countries see decline in annual inflation in September The annual inflation rate in the Organization for Economic Cooperation…
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EU, eurozone annual inflation down in September
Both rates below 5% in September, Eurostat’s data shows The annual inflation dropped to 4.3% in the euro area and…
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Annual inflation rises to 6.4% in OECD area
Year-on-year decline in energy prices slows in Organization for Economic Cooperation and Development region The annual inflation rate rose to…
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Retail sales volume down in EU, eurozone
Slovenia, Estonia and Hungary post largest annual declines in retail trade volume The retail sales volume decreased by 1% in…
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IMF raises growth expectation for world economy
World economy expected to grow by 3% in 2023, 2024 The International Monetary Fund (IMF) has raised its gross domestic…
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OECD jobless rate comes in at record low for 6th consecutive month
Number of unemployed decreased to 33.9M in OECD area last year The unemployment rate in the Organization for Economic Cooperation…
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World Bank slashes global growth forecast for 2023 to 1.7%
This would mark 1st time in over 80 years that 2 global recessions have occurred within same decade, says World…
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Euro area industrial output bounces back in August
Following contraction month earlier, industrial output rises in August on monthly basis, official data shows Euro area industrial production bounced…
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Euro area industrial producer prices up by 5% in August
Prices surged 43.3% on annual basis, official data shows Industrial producer prices in the euro area jumped 5% month-on-month in…
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Euro area industrial output contracts in July
Following growth in last 3-months, July figure marks largest fall since August 2021, official data shows Euro area industrial production…
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