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In the construction sector of Germany in March, the maximum growth of business activity in 14 months was observed. According to the IHS Markit, the corresponding index was 55.6 points, having risen from the February level of 54.7 points. Last month, jobs were created at the fastest pace since January 2018. The growth of new orders was marked by construction companies for the seventh month in a row. They also pointed to increased consumer activity. The increase in the volume of construction work was observed for the third month in a row. Commodity prices fell to a 10-month low, but remained high. The cost of transportation expenses increased. As noted by IHS Markit’s chief economist Phil Smith, March data indicates the best construction results for the first quarter of this year since the third quarter of 2017.
June had seen Japan’s industrial output breaking its four-month slump. The recuperation could be attributed to a modest recovery seen in broader business and consumer activity after the world’s third-biggest economy suffered from ...
Spain’s unemployment rose to 15.33% for the second quarter of 2020, according to Tuesday’s data from the National Statistics Institute amid the worsening COVID-19 situation in the country. The unemployment rate surged past the ...
Australia had seen its employment rate dropping 1.1% between mid-June and mid-July, weekly data showed on Tuesday. In addition to this, the southeastern state of Victoria recorded the sharpest plunge in employment as the state suffers from ...
On Monday, Deutsche Bundesbank’s President Jens Weidmann said in a newspaper interview that Germany would toughen its auditing and accounting regulations to prevent another scam like the Wirecard scandal. Wirecard AG (WDI), a financial ...
Great Britain’s automobile industry called on the government to provide additional measures such as sales tax reduction. This aims to lift the suffering sector as a third of automotive employees remain furloughed due to the novel coronavirus ...
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