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UK Manufacturing Sector Stabilizes In June

The UK manufacturing sector showed signs of stabilizing in June, following the steep downturn caused by the coronavirus, or Covid-19, pandemic, final data from IHS Markit showed Wednesday. The Chartered Institute of Procurement & Supply/ IHS Markit manufacturing Purchasing Managers’ ...

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Severe Downturn In Eurozone Manufacturing Eases

The severe downturn in the euro area manufacturing sector continued to ease in June amid easing of restrictions related to coronavirus pandemic, final survey data from IHS Markit showed Wednesday. The final factory Purchasing Managers’ Index rose to a four-month ...

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Sweden Central Bank Expands QE, Holds Rate

Sweden’s central bank expanded its quantitative easing and maintained interest rate at zero to support recovery and lift inflation as the coronavirus pandemic substantially hurt the economy. The executive board of Riksbank decided to extend the asset purchases programme to ...

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Eurozone Inflation Rises Unexpectedly In June

Eurozone inflation accelerated unexpectedly in June as economies across the bloc started to relax coronavirus containment measures, preliminary data from Eurostat showed Tuesday. Inflation rose to 0.3 percent from a near-four year low of 0.1 percent logged in May. Economists ...

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Eurozone Economic Sentiment Logs Record Improvement

Eurozone economic sentiment improved at the strongest pace on record in June driven by the easing of lockdown measures taken to contain the spread of coronavirus, survey data published by the European Commission showed Monday. The economic sentiment index climbed ...

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