Tag EU

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German exports to countries outside the EU shrank in July

According to the Federal Statistical Office (FSO), German exports to countries outside the European Union (EU) fell by 7.6% in July compared with the previous month, after rising for three months in a row. The economy slowed in the second…

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EU industrial production rises in May

EU industrial production up 0.8% in euro area and 0.6% in EU in May MoM. This is higher than analysts expected, who predicted a 0.3% increase after the index rose 0.5% last month.

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OPEC – Big Promises, Small Deliveries

As reported by the International Energy Agency in its April 2022 Oil Market Report, oil production by OPEC countries increased by only 40,000 barrels per day in March, well below the 400,000 barrels per day promised. This is also far…

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