Economy News

Economy

Germany's Retail Sector Surges: A 4.9% Leap in February Sales Signals Economic Resilience

Germany's retail sector witnessed a 4.9% real-term growth in February compared to last year, with food and non-food sectors both showing positive trends. This growth reflects the r...

Economy

ECB's Lagarde Warns: A Trade War Between EU and US is a Lose-Lose for Global Economy

ECB President Christine Lagarde describes a potential EU-US trade war as a lose-lose scenario, while also seeing an opportunity for EU independence. She discusses the challenge of ...

Economy

February Sees a Dip in UK Mortgage Approvals: What Does This Mean for Homebuyers?

The Bank of England reports a slight decrease in UK mortgage approvals for February, with remortgaging and consumer credit also showing declines. Personal loan rates increased slig...

Economy

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

Italy's annual inflation rate increased to 2% in March, driven by higher prices of non-regulated energy products, tobacco, and certain services. Core inflation remained stable, whi...

Economy

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

Kremlin spokesperson Dmitry Peskov states Russian President Vladimir Putin is open to dialogue with Donald Trump, despite tensions over Ukraine. Putin's proposal for a provisional ...

Economy

Germany's Inflation Rate Dips Slightly to 2.2% in March, Marking a Gentle Decline

Germany's inflation rate slightly decreased to 2.2% in March from 2.3% in February, with food prices up by 2.9% and energy prices down by 2.8% year-on-year. The CPI and HCPI showed...

Economy

UK Braces for Impact as Trump's April 2 Tariffs Loom: What It Means for British Economy

The UK anticipates significant impacts from President Trump's upcoming tariffs on foreign goods, with discussions ongoing for a UK-US economic deal that prioritizes British economi...

Economy

Germany Sees a Slight Dip in Inflation Rates to 2.2% in March, What's Behind the Change?

Germany's inflation rate slightly decreased to 2.2% in March from 2.3% in February, with food prices rising by 2.9% and energy prices falling by 2.8%. The CPI and HCPI also showed ...