Economy News

Economy

Germany Sees Slight Dip in Inflation to 2.2% in March, Fuel and Food Prices Tell Different Stories

Germany's inflation rate slightly decreased to 2.2% in March, with food prices rising and energy costs falling, as reported by Destatis. The CPI and HCPI showed modest increases, r...

Economy

Fitch Warns: US Tariffs Create Uneven Playing Field for Global Carmakers

Fitch Ratings reports that US tariffs on auto imports have a negative and uneven impact on global carmakers, leading to potential price hikes and demand pressure, with some brands ...

Economy

UK Housing Market Slows: Mortgage Approvals Dip to 65,500 in February

The UK housing market shows signs of slowing as mortgage approvals for house purchases fell to 65,500 in February, alongside reductions in remortgaging approvals and consumer credi...

Economy

Germany's Retail Sector Booms: February Sees a 4.9% Surge in Sales

Germany's retail sector in February witnessed a 4.9% increase in sales in real terms year-on-year, with food and non-food sectors both showing growth. Nominal sales also rose by 5....

Economy

Italy's Inflation Rises to 2% in March: Energy and Tobacco Prices Lead the Surge

Italy's inflation rate rose to 2% in March, driven by higher prices in non-regulated energy products, tobacco, and certain services. Core inflation remained stable, while the HICP ...

Economy

ECB's Lagarde Warns: A Trade War Between EU and US Is a Lose-Lose for Everyone Involved

ECB President Christine Lagarde describes a potential EU-US trade war as a "lose-lose scenario," while also discussing the challenges of controlling inflation in the Eurozone. Prev...

Economy

Putin Keeps Door Open for Trump Talks Amid Ukraine Tensions and Economic Threats

Kremlin spokesperson Dmitry Peskov confirms Russian President Vladimir Putin's openness to dialogue with US President Donald Trump, amidst tensions over Ukraine and potential econo...

Economy

UK Braces for Impact: How Trump's April 2 Tariffs Will Reshape Trade Relations

The UK is preparing for the impact of US President Donald Trump's tariffs on foreign goods starting April 2. Discussions for a UK-US economic prosperity deal are ongoing, with the ...