Economy

Economic News

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Five charts that explain the energy world right now: Maguire

By Gavin MaguireThe latest data dump from the Energy Institute has landed, and as ever, it's an energy analyst's dream: sprawling, consistent and packed with signals about where the global system is heading.The 75th edition of the Statistical Review of World Energy doesn't point to a single neat na…

Reuters en
Economy
NEWS reuters

Indonesia state utility secures additional coal after supply crunch

Indonesian state electricity firm Perusahaan Listrik Negara (PLN) has secured additional coal shipments for its electricity system in Java after supply issues caused a series of power outages, its chief told members of parliament on Thursday.

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EconomyFutures
NEWS dpa_afx

Eurozone Jobless Rate Unchanged At 6.2%

BRUSSELS (dpa-AFX) - The euro area unemployment rate remained unchanged in May, data from Eurostat showed Thursday.The jobless rate came in at 6.2 percent in May, unchanged from April but down from 6.3 percent seen in May 2025. Economists had forecast the jobless rate to edge up to 6.3 percent.Data…

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Economy

German reform package offers glimmer of hope

GERMAN REFORM PACKAGE OFFERS GLIMMER OF HOPEAfter being unceremoniously dumped out of the World Cup by Paraguay, Germany finally has something to cheer.It might not be as glamorous as the Jules Rimet trophy but Germany's ruling coalition has finally unveiled a package of reforms that analysts belie…

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EconomyindexStocks DE
dow-jones

Consumers Shun Mid-Sized Packs Amid Price Squeeze, Nestle Says — Interview

(10:47 GMT) *Nestle Sees Mid-Size Formats Being Squeezed, Head of Marketing Says (10:47 GMT) *U.S. Consumers Increasingly Focused on Affordability in Last Six Months, Nestle's Americas CEO Says (10:47 GMT) Consumers Shun Mid-Sized Packs Amid Price Squeeze, Nestle Says — InterviewBy Aimee LookNestle…

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EconomyStocks CH
trading-economics

Seychelles GDP Sees First Contraction Since 2023

The economy of Seychelles shrank by 0.1% year-on-year in Q1 2026, following an upwardly revised 9.4% growth in the previous period.This was the first contraction since Q3 2023, driven by tourism-related activities, particularly accommodation and food services (-9.8% vs 8.9%) and arts, entertainment…

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Economy
NEWS reuters

Commercial swaps of frozen assets do not pose systemic risks, Russia's cbank governor says

Commercial swaps of assets mutually frozen in the EU and Russia, organized by private brokers, do not have a systemic impact on the domestic market, the central bank's governor Elvira Nabiullina said on Thursday.Nabiullina added that such swaps do not significantly reduce the total amount of frozen…

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Economy
NEWS reuters

Russia's central bank says higher gasoline imports won't weaken rouble

Russia's need to import more gasoline after Ukrainian drone attacks on refineries will not weaken the rouble because exports of surplus crude oil will also increase, a top central bank official said on Thursday.Russia has begun importing gasoline by sea from India and plans to import 400,000 metric…

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EconomyForex
NEWS reuters

Hungary to launch $128 million school-start benefit scheme

Hungary will launch a means-tested school-start benefit program at a cost of 40 billion forints ($128.41 million) per year, Prime Minister Peter Magyar said on Thursday, adding new spending after a surge in the budget deficit in early 2026.Magyar, who ousted right-wing leader Viktor Orban in an Apr…

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Economy
NEWS dow-jones

U.S. Political, Economic Calendar - Week Ahead

All dates are in ET Time. Thursday, July 2, 2026 Exp Prev ET/GMT 0830/1230 06/27 Unemployment Insurance Weekly Claims Report - Initial Claims Jobless Claims 220K 215K…

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Economy
NEWS reuters

Thai federation revises May car production to 11.43% y/y fall 

The Federation of Thai Industries said on Thursday it has revised its figures for car production in May, with output at 123,276 units, down 11.43% year on year.It previously said production fell 17.94% year on year to 114,214 units.

Reuters en
Economy
trading-economics

Ireland’s Economy Contracts Less than Initially Thought

Ireland’s economy contracted by 7.0% in the first quarter of 2026, extending a 3.6% decline in the previous quarter, according to revised data.The globalized Industry sector contracted by 12.0% from Q4 2025, while Information & Communication declined by 2.0%.Overall, the multinational-dominated sec…

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Economy