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Added on the 01/06/2015 16:11:38 - Copyright : Reuters EN
Manufacturing activity showed scant sign of picking up across Europe in May as demand stayed stubbornly weak. As Grace Pascoe reports its highlighting the need for central banks to continue supporting growth.
Euro zone growth holds steady and inflation pips up, but a surprise fall in German retail sales raises questions over the bloc's recovery. And, as Ciara Lee reports, Japan's latest numbers point to even more weakness as central bank policymakers gather ahead of their policy announcement this week.
There are more worries about the euro zone's economic recovery. As David Pollard reports, surveys show near-stagnation in German services put the brakes on overall private sector growth in September and euro zone business activity expanded at its weakest rate in almost two years.
Euro zone business activity expanded at its weakest rate since the start of 2015 this month as growth paths diverged. But on the plus side, there was an unexpected surge from France. David Pollard reports.
The German economy will lose steam in the second half of 2016 as weaker foreign demand causes industrial output to slow. As David Pollard reports, the warning from the Finance Ministry is another sign that Europe's biggest economy is set for a slowdown at a key time for Europe.