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UK Retail Sales Stable In March

India, April 19 -- UK retail sales were unchanged on a month-on-month basis in March, defying expectations for a gain, preliminary data from the Office for National Statistics showed Friday. Retail s... Read More


Eurozone Construction Output Rises For Third Month

India, April 18 -- Euro area construction output grew for a third straight month in February and at a stronger pace, mainly led by civil engineering works and rebound in building construction, prelimi... Read More


IMF Raises 2024 Global Growth Forecast

India, April 16 -- The International Monetary Fund projected that the global economy is resilient and is set to expand at a steady pace in the next two years as inflation returns to target gradually. ... Read More


IMF Says Global Recovery Steady But Slow

India, April 16 -- The International Monetary Fund said on Tuesday that a resilient global economy is set for steady growth in the next two years as inflation returns to target gradually, but the grow... Read More


ECB Holds Rates Steady, Signals Easing Ahead

India, April 11 -- The European Central Bank left its key interest rates unchanged on Thursday, but signaled policymakers are gaining confidence on inflation returning to the 2 percent target and coul... Read More


ECB Policymakers Increasingly Confident Of Inflation Falling To 2% Target - Minutes

India, April 4 -- The European Central Bank's rate-setters were increasingly confident of inflation on track to reach the 2 percent target, but saw the need for patience even as they agreed the scope ... Read More


Austria Inflation Remains Above 4%

India, April 3 -- Austria's consumer price inflation eased slightly in March, but the figure remained above 4 percent which is nearly double the 2 percent target of the European Central Bank. The con... Read More


German Inflation Lowest Since Early 2021

India, April 2 -- Consumer price inflation in Germany slowed for a third straight month in March to its lowest level in nearly three years but core inflation remained high, thus complicating the pictu... Read More


Top Economic Institutes Slash Germany's 2024 Growth Forecast To 0.1%

India, March 27 -- Germany's leading five economic think tanks significantly lowered the biggest euro area economy's growth forecast for this year on Wednesday, citing cyclical and structural weakness... Read More


German Property Lenders Expect New Real Estate Financing To Pick Up Slightly In 2024

India, March 27 -- New real estate financing in Germany is set to pick up modestly this year after a massive fall last year amid the worst property market downturn in decades, data from the banking as... Read More