Month: October 2022

The outlook for global labor markets has worsened in recent months, and on current trends, job vacancies will fall and global employment growth will decline substantially in 2022’s final quarter, the International Labor Organization (ILO) said on Monda…

Gross domestic product (GDP) in both the euro area and the EU rose 0.2% quarter-on-quarter this July-September, according to preliminary estimates released on Monday.In the second quarter of 2022, GDP grew 0.8% in the euro area (countries that use the …

Italy’s gross domestic product rose 0.5% in the third quarter of 2022, according to preliminary estimates released on Monday.”The quarter-on-quarter change is the result of a decrease of value added in both agriculture, forestry and fishing, and indust…

Wheat prices gained ground after Russia announced its withdrawal from the Black Sea grain deal, fueling concerns on global supply.Chicago wheat futures surged 5.99% to a two-week high of $8.78 on Monday. Corn prices also rose 2.63% to hit their highest…

The eurozone annual consumer inflation hit double digits in October, mainly due to higher costs of energy, according to flash data released by Eurostat on Monday.Consumer prices in the euro area soared 10.7% year-on-year in October, the largest rise on…

Germany’s retail sales bounced back in September on a monthly basis after contracting in August, according to Destatis data on Monday.The real (price-adjusted) turnover of retail enterprises in Germany rose 0.9% month-on-month, following August’s revis…