Economy News

Economy

Italy's Inflation Climbs to 1.7% in February, Surpassing Analyst Expectations

Italy's inflation rate increased to 1.7% in February, driven by higher energy and food prices, while core inflation remained stable. The harmonized index of consumer prices also sa...

Economy

Germany's Inflation Rate Holds Steady at 2.3% in February: A Deep Dive into the Numbers

Germany's inflation rate remained steady at 2.3% in February, with the CPI and HCPI showing slight increases. Food prices rose, energy costs fell, and services saw significant grow...

Economy

January Sees a 0.2% Dip in US Personal Spending Amid Economic Shifts

In January, US personal spending decreased by 0.2%, despite a rise in personal income and the PCE price index showing growth. The data reflects shifting consumer behaviors and econ...

Economy

Surprising 0.6% Growth in Canada's Economy During Q4 2024 Revealed

Canada's economy saw a 0.6% growth in Q4 2024, driven by increased household spending, exports, and business investment. Despite this, GDP per capita fell for the second year, and ...

Economy

January Sees US Trade Deficit Surge by 25.6% to $153.3 Billion: A Detailed Analysis

The US trade deficit surged by 25.6% in January, reaching $153.3 billion, with exports rising to $172.2 billion and imports climbing to $325.4 billion. Wholesale inventories also s...

Economy

France's Economy Faces a Slight Downturn: GDP Drops 0.1% in Q4 2024

France's GDP decreased by 0.1% in Q4 2024, with service consumption falling and goods consumption rising. Exports and imports both increased by 0.4%, leaving foreign trade's impact...

Economy

Germany's Job Market Holds Steady: Unemployment Rate Stays at 6.4% in February

Germany's unemployment rate remained at 6.4% in February, with a slight increase in the number of unemployed people. Underemployment also rose, reflecting ongoing challenges in the...

Economy

ECB Reports Decline in 1-Year Inflation Expectations to 2.6% Amid Economic Growth Optimism

The European Central Bank's January 2025 survey shows a slight decrease in one-year inflation expectations to 2.6%, with three-year expectations steady at 2.4%. Economic growth exp...