Economy

Economic News

20 stories
NEWS dpa_afx

Italy Jobless Rate Falls To 5.0% In May

ROME (dpa-AFX) - Italy's unemployment rate decreased marginally to a series record low in May, preliminary figures from the statistical office ISTAT showed on Thursday.The seasonally adjusted jobless rate stood at 5.0 percent, down from April's 5.1 percent. Meanwhile, economists had expected the ra…

dpa-AFX en
Economy

REG - Rome Resources PLC - Kalayi Assays Support Resource Update

RNS Number : 7983K Rome Resources PLC 02 July 2026  2 July 2026Rome Resources plc("Rome Resources" or the "Company")Kalayi Assays Support Resource UpdateRome Resources plc (AIM: RMR), the DRC focused critical minerals explorer, is pleased to provide the final assay results from its recent drilli…

London Stock Exchange en
Economy
NEWS dow-jones

What Do Economists Expect From the Jobs Report? — WSJ

By WSJ StaffTraders and investors will have their eyes on the June jobs report due this morning. Economists polled by the The Wall Street Journal forecast that 115,000 jobs were added in June, though analysts warn the figure could be distorted by short-term hiring related to the World Cup.This item…

Dow Jones Newswires en
Economy
reuters

Europe growth hit more by China exports than bigger trade gap, Goldman says

By Akriti Shah and Rashika SinghThe bigger drag on European Union growth is losing market share to China rather than a widening trade deficit with the Asian country, Goldman Sachs said on Thursday, but added any response from the bloc would stop short of U.S.-style blanket tariffs.Faced with weak d…

Reuters en
Economy
dow-jones

Eurozone Unemployment Falls Back to Record Low — Update

By Don Nico ForbesThe eurozone's unemployment rate matched a record low in May, reflecting continued resilience in the labor market despite elevated economic disruptions caused by conflict in the Middle East.The jobless rate across the 21-member currency bloc was unchanged in May, following a downw…

Dow Jones Newswires en
Economy
reuters

India's June palm oil imports fall to 14-month low as demand softens, dealers say

By Rajendra JadhavIndia's palm oil imports in June fell to their lowest in 14 months as subdued demand and a narrowing discount to rival oils prompted buyers to cut purchases, five dealers said.Lower palm oil buying by the world's biggest importer of vegetable oils could swell stocks in top produce…

Reuters en
EconomyFutures
trading-economics

Cyprus Inflation Rate Highest Since 2023

The annual inflation rate in Cyprus rose to 3.06% in June 2026 from 2.55% in the previous month.The latest figure marked the highest reading since October 2023, as prices increased in food and non-alcoholic beverages (5.06% vs 2.86% in May), housing utilities (5.60% vs 4.22%), health (1.13% vs 1.12…

Trading Economics en
Economy
NEWS dow-jones

When Is the Next Jobs Report After Today? See the Calendar — WSJ

By WSJ StaffThe Bureau of Labor Statistics releases the nonfarm payroll report at 8:30 a.m. ET on the first Friday of every month, unless it falls on a holiday. Today's report covers data from June.This item is part of a Wall Street Journal live coverage event. The full stream can be found by searc…

Dow Jones Newswires en
Economy
trading-economics

Euro Area Jobless Rate Ties Record Low at 6.2%

The Euro Area seasonally adjusted unemployment rate came in at 6.2% in May 2026, tying the record lows from late 2024 and unchanged from the prior month.Analysts had estimated it at 6.3%.The number of unemployed fell by 55,000 from a month earlier to a near 1-1/2-year low of 10.986 million.Meanwhil…

Trading Economics en
Economy

Nigeria Joins IEA as Associate Country — Market Talk

The International Energy Agency approved Nigeria to join as an association country, expanding its ties with one of Africa's largest oil producers, the Paris-based organization says. "Nigeria is a major producer of oil and natural gas and is one of the continent's most dynamic renewable energy marke…

Dow Jones Newswires en
EconomyFutures
dow-jones

Eurozone Unemployment Falls Back to Record Low

By Don Nico ForbesThe eurozone's unemployment rate matched a record low in May, reflecting continued resilience despite elevated economic disruptions caused by conflict in the Middle East.The jobless rate across the 21-member currency bloc was unchanged in May, following a downward revision to 6.2…

Dow Jones Newswires en
Economy
NEWS reuters

Hungary threatens clampdown on EV battery industry after pollution case

Hungarian Environment Minister Laszlo Gajdos has threatened to close factories in the EV battery industry that fail to abide by environmental regulations, marking a major policy shift from right-wing leader Viktor Orban, who lost power in April.From 2021 Orban bet big on EV batteries, attracting fo…

Reuters en
Economy
NEWS zawya

ZAWYA: Bahrain: Draft law regulating railway sector approved

Staff WriterBahrain - A high-level ministerial committee has approved a draft law regulating the railway sector in Bahrain as part of ongoing efforts to complete the legislative and regulatory framework required for the planned GCC network.The Ministerial Committee for Development Projects and Infr…

Zawya en
Economy
trading-economics

Hong Kong Retail Sales at 4-Month Low

Retail sales in Hong Kong rose 4.8% year-on-year in May 2026, slowing from a revised 6.5% in the previous month and marking the lowest reading since January.Sales declined further for food, beverages, and tobacco (-1.6% vs. 1% in April) and fuels (-28.8% vs. -27.9%), while growth reversed for super…

Trading Economics en
Economy
NEWS reuters

Hong Kong May retail sales rise 7.9% on support from tourism, economic expansion

Hong Kong's retail sales leapt 7.9% in value in May from a year earlier to HK$33.8 billion ($4.31 billion), the 13th straight month of gains, government data showed on Thursday..• In April, retail sales jumped by a revised 8.7% from a year earlier.• In volume terms, May retail sales surged 4.8% fro…

Reuters en
Economy