Monthly archive April, 2021

German economic sentiment deteriorated unexpectedly in April amid the third wave of infections, survey results from the ZEW - Leibniz Centre for European Economic Research showed on Tuesday. The ZEW Indicator of Economic Sentiment fell 5.9 points to 70.7 points Read More →

The euro area unemployment rate remained unchanged in February as government support measures continue to protect jobs amid tight Covid-19 related restrictions, preliminary figures from Eurostat showed Tuesday. The unemployment rate held steady at seasonally-adjusted 8.3 percent in February. A Read More →

The International Monetary Fund raised the global growth forecasts on Tuesday amid high uncertainty and warned of divergent impacts from the Covid-19 pandemic such as sharply rising income inequality.Original Article Read More →

India's central bank left its key interest rates unchanged and vowed to continue its accommodative stance as long as needed amid a steep rise in Covid-19 infections in the country. The Monetary Policy Committee of the Reserve Bank of India Read More →

Eurozone private sector returned to growth in March underpinned by a record increase in manufacturing output, final survey data from IHS Markit showed on Wednesday. The final composite output index rose to 53.2 in March from 48.8 in February. The Read More →

The UK service sector logged a strong rebound in March as activity, new orders and employment picked up from February, final data from IHS Markit showed on Wednesday. The services Purchasing Managers' Index advanced to 56.3 from 49.5 in February. Read More →