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During July, international demand continued to exert downward pressure on eurozone manufacturing. Export sales declined across several key economies, with improvements in other markets not sufficient to offset those setbacks. Orders from domestic markets provided only limited support. The gap between production and new business widened as factories worked through existing commitments, enabling them to increase output without a corresponding rise in demand. This pattern also led to a reduction in the volume of unfinished work, which could support activity in subsequent periods.

The EU-backed Scaleup Europe Fund targets €5 billion and will support growth-stage technology firms through investments led by EQT.

The Euro area’s inflation rate, as measured by the Harmonised Index of Consumer Prices, fell to 2.8% in June from 3.2% in May, primarily supported by a decrease in energy inflation, while food inflation hit its lowest point in five years. According to Eurostat, July’s preliminary inflation estimate stood at 2.9%, showing little change from June, with energy inflation at 10.0% and core inflation remaining steady at 2.5%. Similarly, inflation across the G20 nations eased to 4.1% in June from 4.3% in May, with China’s annual inflation rate dropping to 1.0% from 1.2%. Meanwhile, Argentina, Indonesia, and South Africa experienced increases in their inflation rates, whereas Brazil, India and Saudi Arabia reported stable or broadly stable levels. The June data reflect lower inflation in major economic groups, although individual country results continue to vary across energy, food, and core consumer prices.

Britain stays outside recession while business investment and labour demand weaken.Official data indicate that GDP grew by 0.6% in the first quarter, following a 0.1% increase at the end of 2025, with economic output being 0.9% higher than a year earlier. The services sector expanded by 0.8%, contributing the most to quarterly growth, while household consumption rose 0.6% over the same period. It is important to note that a technical recession is characterized by two consecutive quarterly contractions, and the latest complete data do not meet that criterion.

On Monday, Wall Street experienced a notable surge as technology stocks saw significant gains while crude oil prices declined. The Dow Jones Industrial Average surged by 693.38 points, or 1.32%, reaching a new all-time high of 53,178.41. Meanwhile, the S&P 500 increased by 1.48% to close at 7,600.50, edging close to its record levels. The Nasdaq Composite outperformed with a gain of 2.13%, finishing at 25,913.90. Broad-based buying activity spanned across major sectors, including many smaller U.S. companies.

UK solar power capacity reached 22.8 gigawatts at the end of June 2026, marking yet another step forward in the country’s renewable energy expansion. The Department for Energy Security and Net Zero reported approximately 2.076 million installations nationwide. In June alone, households and businesses contributed 27,391 new systems, which added 132 megawatts of capacity. These figures are provisional and may be revised as authorities receive additional project data.

The monthly Gross Domestic Product data revealed that real output increased in 13 of the 20 primary industrial sectors, supported by widespread growth in goods-producing industries and sustained demand in services. This actual increase surpassed the preliminary flash estimate of 0.1 per cent growth, providing a positive momentum for the national economy following April’s revised growth rate of 0.6 per cent. The main driver of this monthly economic expansion was a 1.0 per cent increase in the mining, quarrying, and oil and gas extraction sector, which marked its second consecutive month of sector-wide growth.

On Friday, the Prime Minister Narendra Modi-led Union Cabinet sanctioned a significant national project aimed at speeding up hydrocarbon discoveries in the Indian Ocean regions. The official statements issued by the Press Information Bureau confirmed that the Cabinet approved a Rs 84,084 crore offshore oil and gas exploration scheme, called the Samudra Manthan national program. Managed by the Ministry of Petroleum and Natural Gas, this central sector scheme will run through the fiscal years 2030 to 2031, with the goal of broadening deepwater exploration efforts, bolstering India’s energy independence, and unlocking previously untapped oil and natural gas reserves within the country’s exclusive economic zone.

London, England / EuroWire / – The British government announced on Wednesday a significant strategic investment totaling £8.4 billion aimed at supporting the operational modernization of its nuclear deterrent fleet through the development of new submarines. An official statement from the Prime Minister’s Office detailed how this substantial funding package is designed not only to accelerate the build schedule for four Dreadnought-class nuclear-powered submarines but also to create thousands of highly skilled employment opportunities for young workers over the next ten years. This long-term defense funding marks a critical shift in national security procurement, providing stable financial backing to maintain essential maritime defense capabilities for decades to come.

In July, consumer price growth in Belgium unexpectedly accelerated, ending a brief period of slowdown and putting additional strain on household budgets and business costs. Data from Statbel, Belgium’s official statistical agency, published on Thursday, indicated that the nation’s annual inflation rate surpassed initial expectations, climbing to 3.56 percent in July from 3.40 percent in June. This latest release exceeded the 3.37 percent annual rate forecast by the Federal Planning Bureau, highlighting ongoing pressure from rising costs across vital sectors such as recreation, utilities, and transportation.