Monthly archive July, 2022

Eurozone investor confidence weakened notably to a 26-month low in July, raising fears of a recession, results of a closely-watched survey showed Monday. The investor confidence index slid more-than-expected to -26.4 in July from -15.8 in June, the survey by Read More →

Germany's trade balance logged an unexpected deficit in May as trade disruption dampened exports, while rising energy prices pushed up imports, data from Destatis showed on Monday. Exports dropped unexpectedly by 0.5 percent on a monthly basis in May, reversing Read More →

The eurozone manufacturing activity grew at the weakest pace in nearly two years in June on weaker production and new orders, final data from S&P Global showed Friday. The manufacturing Purchasing Managers' Index fell to a 22-month low Read More →

The Institute for Supply Management released a report on Friday showing its reading on U.S. manufacturing activity fell to its lowest level in two years in the month of June. The ISM said its manufacturing PMI slid to 53.0 in Read More →

Reflecting a decrease in spending on public construction, the Commerce Department released a report on Friday showing an unexpected dip in U.S. construction spending in the month of May. The report showed construction spending edged down by 0.1 percent to Read More →

Eurozone inflation accelerated further to a new record high in June, while core inflation unexpectedly moderated due to the fiscal support measures to contain energy prices, official data showed Friday. The harmonized index of consumer prices advanced more-than-expected by 8.6 Read More →