Market News

The UK’s real gross domestic product (GDP) increased by 0.1% in the fourth quarter of 2024 (October to December), unchanged from the initial estimate.

Manufacturing output contracts as new orders slow and input costs rise; sentiment stays optimistic despite near-term challenges.

Provisional HCOB Flash PMI data showed that business activity in the Eurozone continued to grow in March, marking the third month of expansion.

Euro area GDP increased by 0.9% in 2024, nearly doubling the pace of 2023, but challenges in manufacturing and global trade cast uncertainty over the outlook. The ECB remains focused on maintaining stability through cautious policy decisions and close monitoring of external risks.

For the week ending March 15, seasonally adjusted initial jobless claims increased to 223,000, reflecting a 2,000 rise from the previous week.

In February 2025, the annual inflation rate in the euro area dropped to 2.3%, down from 2.5% in January and 2.6% a year earlier.

Germany’s economic outlook has taken a significant turn for the better, with the ZEW Indicator of Economic Sentiment surging to 51.6 in March 2025, the highest level recorded since February 2022.

Germany has reached a new agreement allowing defense spending to be exempt from the country's strict debt rules, known as the "debt brake," under specific conditions.