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Economy BBC

Full steam ahead for US industry
US industrial output surges in April, beating forecasts and reaching the highest level since July 2000.

Global sell-off begins to falter
Falls in the US dollar, oil and commodities continue, though the recent sharp declines are tempered.

UK inflation rises to 2% target
UK inflation rises to government targets of 2%, with holidaymakers one of the main drivers of the rise.

German business confidence slips
German investors are getting more pessimistic about the prospects for Europe's biggest economy, a survey suggests.

Slovenia to enter eurozone club
The first of the new EU member states, Slovenia, has been accepted as a member of the eurozone starting in 2007.

EU entry hopefuls 'must do more'
An EU report says Bulgaria and Romania can join next year - but only if they fulfil more conditions.

African growth prospects improve
The economic prospects for Africa are improving, the OECD says, despite the problem of high oil prices.

US immigration reforms unveiled
George Bush pledges tighter control of the Mexican border and a chance for some illegal workers to become citizens.


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