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By in Economy on January 6, 2017
Warning over 'new eurozone crisis'
May 19, 2019
A senior adviser to the German government fears another European financial crisis could be brewing.
Economic News
Eurozone Consumer Confidence At 7-month High In May
May 21, 2019
Eurozone consumer confidence rose more-than-expected in May to its highest level in seven months, after weakening in the previous month, flash data from the European Commission showed on Tuesday.
U.S. Existing Home Sales Unexpectedly Dip 0.4% In April
May 21, 2019
Existing home sales in the U.S. unexpectedly showed a modest decrease in the month of April, according to a report released by the National Association of Realtors on Tuesday. NAR said existing home sales dipped by 0.4 percent to an annual rate of 5.19 million in April.
Capital Economics: Pick-up In German Growth Only Likely On Demand Recovery
May 21, 2019
Recent production slowdown in the German economy was broad-based, extending beyond the automobile and chemical industries, and a sustained pick-up is only likely if demand recovers, Capital Economics economists said.
OECD Trims Global Growth Outlook On Trade Disputes
May 21, 2019
The Organization for Economic Co-operation and Development lowered the 2019 global growth outlook as escalating trade disputes hurt manufacturing and investment decisions. In its latest Economic Outlook, published Tuesday, the Paris-based think tank forecast 3.2 percent growth for 2019 versus 3.3 percent estimated in March. The global growth outlook for 2020 was retained at 3.4 percent.
Slovenia Output Prices Rise In April
May 21, 2019
Slovenia output prices rose in April, figures from the Statistical Office of the Republic of Slovenia showed on Tuesday.
Thailand Cuts Outlook After Economy Logs Weakest Growth Since 2014
May 21, 2019
The Thai economy grew at the slowest pace in more than four years in the first quarter of 2019 as trade wars and global slowdown weighed on exports, driving the government to downgrade the overall growth outlook for the year. Gross domestic product expanded 2.8 percent from last year in the first quarter, slower than the 3.6 percent expansion seen a quarter ago.
OECD Downgrades 2019 Global Growth Projection
May 21, 2019
The Organization for Economic Co-operation and Development downgraded the global growth outlook for 2019 as trade disputes hurt manufacturing and investment decisions.
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