Economy News

Economy

Italy's Economy Sees a 0.7% Growth in 2024: A Detailed Analysis

Italy's economy grew by 0.7% in 2024, with significant contributions from national demand, consumption expenditure, and trade balance. The GDP at current prices increased by 2.9%, ...

Economy

January Sees a Slight Dip in UK Mortgage Approvals to 66,200

In January, the UK saw a slight decrease in mortgage approvals for house purchases to 66,200, while remortgaging approvals and consumer credit increased. The effective rate on new ...

Economy

Turkey Witnesses a Significant Drop in Inflation Rates to 39.05% in February

Turkey's annual inflation rate decreased to 39.05% in February from 42.12% in January, with the Consumer Price Index rising 2.27% month on month. Clothing and footwear saw the lowe...

Economy

Italy's Economy Shows Robust Growth with a 0.7% Increase in GDP for 2024

Italy's economy experienced a 0.7% GDP growth in 2024, driven by national demand, consumption expenditure, and a positive external balance. Investments and consumption saw increase...

Economy

January Sees a Dip in UK Mortgage Approvals to 66,200: What's Behind the Numbers?

In January, the UK saw a slight decrease in mortgage approvals to 66,200, while remortgaging approvals and consumer credit saw an increase. The effective rate on new personal loans...

Economy

Turkey's Inflation Rate Drops to 39.05% in February, Signaling Economic Relief

Turkey's inflation rate saw a significant decrease to 39.05% in February from 42.12% in January, indicating potential economic stabilization. The monthly CPI rose by 2.27%, with ed...

Economy

February Sees a Surge in German Manufacturing: A 25-Month High in Activity

Germany's manufacturing sector shows signs of recovery with a 25-month high in activity in February, as the PMI reaches 46.5. Despite ongoing challenges, there's cautious optimism ...

Economy

Italy's Economic Growth Surges by 0.7% in 2024: A Detailed Analysis

Italy's economy grew by 0.7% in 2024, driven by national demand, consumption expenditure, and trade dynamics, with GDP at current prices up by 2.9%.