27-April-2026
Economy News
 
Charting the global economy: Euro area business activity sags
27-Apr-2026

Business activity in the euro area contracted for the first time since 2024 on a pronounced weakening in the services sector as war in the Middle East suppressed demand. In the US, retail sales powered ahead last month in a broad advance that underscored a resilient consumer. Meanwhile, South Korea’s economy expanded by the most since 2020 as rampant investment in artificial intelligence continues to fuel a technology-led export boom. Here are some of the charts that appeared on Bloomberg this week on the latest developments in the global economy, markets and geopolitics:

News Source:- https://economictimes.indiatimes.com/small-biz/trade/exports/insights/charting-the-global-economy-euro-area-business-activity-sags/articleshow/130526794.cms