News
Business
EU employment rate reaches 76.4% in the second quarter
The seasonally adjusted rate for ages 20–64 rose by 0.1 percentage points from the previous quarter.
NEWSVERUM / Global briefing
401 storiesWorld economy and business news
World economy and business news. Read the global briefing with original sources, data periods and context.
Economy
Euro area economy grows 0.6% in the second quarter
Eurostat estimates quarterly growth of 0.7% across the EU.
Business
Euro area retail volume falls 0.6% in July
The monthly decline across the EU was estimated at 0.4%.
Economy
Euro area industrial producer prices rise 1.6% in July
Eurostat’s first estimates show energy prices rising by 5.6% month-on-month.
Business
Euro area had 11.36 million unemployed people in August
The monthly rate was unchanged but rose year on year in both the euro area and the EU.
Economy
Euro area house prices rise 4% annually in the second quarter
The EU recorded a 4.7% annual increase and a 1.2% quarterly rise.
Economy
OECD projects global growth of 2.9% in 2026 and 3% in 2027
Energy-shock and uncertainty risks persist, with separate forecasts for the United States, euro area and China.
Economy
OECD: G20 economies grew 0.7% in the second quarter
Aggregate growth slowed from the previous quarter, while country-level results varied.
Finance
Bank of England holds rate at 3.75% in a 6–3 vote
Three members wanted an increase as the bank highlighted energy’s contribution to August inflation.
Finance
Fed raises federal funds target range to 3.75–4%
The 16 September decision was unanimous as the FOMC described solid activity and elevated inflation.
Energy
IEA deepens its forecast decline in 2026 oil demand
The September report projects an annual fall of 2.5 million barrels per day.
Finance
ECB raises three key rates by 25 basis points and lifts inflation projections
The deposit rate moves to 2.50%; new projections put 2027 inflation at 2.5% and growth at 1.4%.