Economy News

Economy

Germany's Retail Sector Soars: A 4.9% Surge in June Sales Signals Economic Resilience

Germany's retail sector in June showed a robust 4.9% year-over-year growth in real terms, with notable increases in both food and non-food sectors, signaling economic resilience.

Economy

Spain's Inflation Climbs to 2.7% in July, Fueled by Rising Electricity and Fuel Prices

Spain's inflation rate rose to 2.7% in July, driven by higher electricity and fuel prices, with a slight monthly decrease in consumer prices. The core inflation rate stood at 2.3%.

Economy

Germany's Economy Faces a Slight Contraction in Q2 2025: A Closer Look at the Numbers

The German economy slightly contracted by 0.1% in Q2 2025, with a yearly growth of 0.4%. Declines in capital formation were offset by increases in household and government spending...

Economy

Eurozone's Economy Shows Signs of Recovery with a 0.1% GDP Growth in Q2 2025

The Eurozone's GDP grew by 0.1% in Q2 2025, with the EU expanding by 0.2%. Annual growth was 1.4% in the euro area and 1.5% in the EU. Spain, Portugal, and Estonia saw the highest ...

Economy

Eurozone Sees Uplift in Consumer Confidence and Economic Sentiment in July

In July, the euro area witnessed an increase in consumer confidence and economic sentiment, with improvements in industry, services, and retail trade sectors. Employment expectatio...

Economy

Korea and U.S. Engage in High-Stakes Trade Negotiations Ahead of Deadline

Korea and the U.S. held crucial trade talks in Washington, D.C., as both nations race against time to negotiate before the August 1 tariff deadline. The discussions highlighted the...

Economy

Australia's Inflation Rate Takes a Surprising Dip to 2.1% in Q2 2025

Australia's inflation rate decreased to 2.1% in Q2 2025, with core inflation at its lowest since December 2021, according to the Australian Bureau of Statistics.

Economy

US Treasury's $44B 7-Year Note Auction Draws Strong Demand with 4.092% High Yield

The US Treasury's $44 billion seven-year note auction saw a high yield of 4.092%, with a strong bid-to-cover ratio of 2.79. Indirect bidders took the majority, highlighting robust ...