Tag France

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French Service and Manufacturing PMI down in May

The French purchasing managers’ index (PMI) for the services sector was 58.4 in May, down from 58.9 in April, according to S&P Global. An index above 50 indicates that French economic activity is expanding. The manufacturing PMI fell to 54.5…

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France’s Unemployment Rate Falls

According to the French statistics office (INSEE), the unemployment rate in France fell slightly to a 14-year low in the first quarter of 2022. According to the report, the unemployment rate in France fell to 7.3% in 1Q22 from 7.4%…

france flag on gray concrete building near road

France’s PMI Rises to Eight-Month High in February

Financial services firm IHS Markit’s purchasing managers’ index (PMI) for France’s upstream manufacturing and services sectors was 57.4 in February, up from 52.7 in January. The index above 50 indicates that French economic activity is expanding. This is due to…

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Most German Goods Went to the U.S. in 2021

According to the German Federal Statistical Office, German exports in December 2021 increased by 0.9% to 117 billion euros ($133.58 billion), seasonally adjusted. Imports rose by 4.7% to 110 billion euros. The foreign trade balance closed with a surplus of…

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EU Members Fight Against Green Label for Natural Gas

Four EU members, the Netherlands, Austria, Sweden, and Denmark, want to make a last attempt to prevent the inclusion of natural gas in the EU taxonomy. In a letter to Commissioner Mairead McGuinness, the four countries’ energy ministers wrote: “The…

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Twin Defeats for Climate Change Advocates in 2022

At last year’s climate conference, France and Japan both advocated a rapid phase-out of fossil fuels. Both want to follow the ambitious plans of decarbonization and convert their countries from so-called clean energies. But for the start of 2022, both…

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