The euro area economy expanded marginally, as initially estimated, in the first quarter, data from Eurostat showed Wednesday.Gross domestic product grew 0.1 percent sequentially, in line with estimate, slower than the 0.2 percent expansion seen in the fourth quarter. On a yearly basis, GDP growth eased to 0.8 percent from 1.3 percent in the fourth quarter. The rate matched the estimate published o...
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Business News
May 08, 2026 15:50 ET Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.