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The volume of construction in the euro area in May this year increased by 0.3% compared to the growth of 1.4% in the previous month, according to the data of the Statistical Office Eurostat. Compared to May last year, the indicator increased by 1.8%. The volume of construction in 28 countries of the European Union in May grew by 1.2% after rising by 0.8% in April. Relative to May 2017, the indicator rose by 2.6%. The largest increase in the month was recorded in Hungary - by 6%, and in Slovenia - by 3.4%. The decline was recorded in Slovakia - by 6%, and in France - by 3.4%.
Financial markets saw record heights earlier on Friday, with the Euro continuing its 21-month gain streak and gold prices hitting its highest level amid a weakened Dollar. The Euro soared above the Dollar by 1.7%, trading at $1.1616 for the ...
The reimplementation of virus-related lockdowns in some states dragged the U.S. economic outlook in the past month, according to economists in a Reuters poll who also warned that the monitored rebound in employment may reverse by the end of ...
Japan's industrial output is expected to recover in June from a double-digit decline in May amid hopes that factory activity may have reached its lowest due to the coronavirus pandemic, according to a Reuters’ poll of 13 economists. While ...
The Dollar fell on Tuesday, with the Euro and the British Pound Sterling gaining strength on the back of news that European Union leaders have agreed to roll out additional recovery funds in the region. New hopes for a potential COVID-19 vaccine ...
The euro reached its highest level since early March after the European Union agreed on a deal for a massive stimulus package to support the bloc’s economy from the coronavirus pandemic. The deal was finalized after a round of compromises ...
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