LONDON—Manufacturing activity in the euro zone remained resilient at the end of 2021 as factories took advantage of an easing in supply chain bottlenecks and stocked up on raw materials at a record pace, a survey showed. The global coronavirus pandemic had left factories struggling to get the materials they need and sent costs soaring,…
Euro Zone Factory Growth Stayed Strong in December as Supply Issues Eased: PMI
Euro Zone November Growth Surprisingly Strong but Outlook Darkens: PMI
November 23, 2021
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LONDON—Euro zone business growth unexpectedly accelerated this month but another wave of coronavirus infections and new restrictions, alongside price pressures, are likely to put a dent in December’s expansion, a survey showed on Tuesday. IHS Markit’s Flash Composite Purchasing Managers’ Index, a good indicator of overall economic health, jumped to 55.8 in November from 54.2…
ECB Survey Shows Euro Zone Inflation Just Below Goal in 2022
FRANKFURT—Euro zone inflation will be higher in the coming years than earlier predicted and will come in just below the European Central Bank’s 2 percent target in 2022, a survey by the ECB showed on Friday. Consumer price growth is now seen averaging 2.3 percent this year and 1.9 percent the next, the Survey of…
London’s Pollution Charge Zone for Older Vehicles Becomes 18 Times Larger
London’s pollution charge zone for older vehicles has been significantly expanded, affecting tens of thousands of motorists. Drivers of vehicles which do not comply with minimum emissions standards are being charged £12.50 to drive in the Ultra Low Emission Zone (Ulez), which became 18 times larger on Monday. The Ulez has operated since April 2019,…
Euro Zone Sentiment Edges up in September, Defies Expectations of Drop
BRUSSELS—Euro zone economic sentiment edged higher in September after a fall in August, boosted by optimism among consumers and in the industry and construction sectors, while inflation expectations continued to rise among manufacturers and consumers alike. The European Commission’s economic sentiment indicator rose to 117.8 in September, from 117.6 in August, after hitting an all-time…
Activists Occupying George Floyd ‘Autonomous Zone’ Refusing to Leave Until Demands Are Met
Far-left activists who have occupied Minneapolis’ George Floyd “autonomous zone” for nearly a year are allegedly refusing to leave unless their list of 24 demands is met. The group of protestors have taken up an area surrounding the intersection of East 38th Street and Chicago Avenue, where Floyd took his final breath on May 25, 2020. Protestors have shared…
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