Economy News

Economy

Unexpected Drop in Italian Retail Sales: A 0.4% Decrease in January

Italian retail sales decreased by 0.4% in January, missing analysts' expectations. Food sales dropped by 0.3%, and non-food sales fell by 0.5%. Yearly, retail trade rose by 0.9%, w...

Economy

Swiss Inflation Rate Dips Slightly to 0.3% in February, Marking a Subtle Economic Shift

Switzerland's annual inflation rate slightly decreased to 0.3% in January from 0.4% in February, with the Consumer Price Index rising 0.6% monthly. Higher prices in clothing, footw...

Economy

January Sees a 0.6% Drop in French Industrial Production: A Closer Look

France's industrial production decreased by 0.6% in January, with manufacturing and construction sectors also showing declines. Annual comparisons reveal a continued downward trend...

Economy

Germany's 10-Year Bond Yield Climbs to 2.72% Following Fiscal Reform Announcement

Germany's 10-year bond yield surged to 2.72%, the highest since November 2023, following fiscal reform announcements including a €500 billion infrastructure fund and adjustments to...

Economy

February Sees a Notable Slowdown in German Business Activity, Raising Economic Concerns

Germany's services sector slows down in February, with the Services PMI Business Activity Index dropping to a three-month low of 51.1. The Composite PMI Output Index also declines,...

Economy

Italy's Economy Surges: Q4 GDP Growth Exceeds Expectations at 0.6%

Italy's GDP grew by 0.6% in Q4 of fiscal 2024, exceeding preliminary estimates. Consumer spending rose, but investment and exports faced challenges, with a modest GDP growth projec...

Economy

Italy's Economy Surges Forward: A 0.6% GDP Increase in Q4 2024

Italy's GDP grew by 0.6% in Q4 2024, slightly above the preliminary estimate of 0.5%, signaling a positive trend in the country's economic recovery.

Economy

February Sees a Slight Dip in Eurozone Business Activity: What Does It Mean?

In February, the eurozone's private sector activity saw a slight decrease, with the composite PMI dropping to 50.6 from January's 50.7, as reported by S&P Global and HCOB.