Archive for May 2025
Euro zone grows quicker than forecast before large trade war hit
The euro zone economy grew faster than expected in the first quarter, starting 2025 on a modestly upbeat note before a trade war with the US, a surging currency and deteriorating business sentiment weaken it, data showed today. The world’s second-largest economic bloc has barely grown over the past several years as businesses held back…
Read MoreManufacturing growth strongest in April since mid-2022, PMI shows
Growth in the country’s manufacturing sector accelerated in April thanks to a robust expansion in new orders amid signs of stock building due to tariff uncertainty, a survey showed today. The Purchasing Managers’ Index (PMI) rose to 53 from 51.6 in March, the latest report from AIB shows, moving further above the 50 threshold that…
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