Economy News

Economy

February Sees a Significant Drop in French Inflation Rate to 0.8%

France's inflation rate unexpectedly dropped to 0.8% in February, below 1% for the first time since February 2021, largely due to a decrease in energy prices, while tobacco and ser...

Economy

Swiss Retail Sales Show No Growth in January Despite Adjustments

Switzerland's retail sales remained unchanged in January, with a nominal turnover showing no annual growth. Adjusted figures revealed a slight 1.3% increase in real retail trade tu...

Economy

Choi Sang-mok Engages in Crucial Trade Policy Talks with US Treasury Secretary Amid Rising Tariffs

Acting South Korean President Choi Sang-mok discussed trade policy and tariffs with US Treasury Secretary Scott Bessent, emphasizing South Korea's economic resilience and seeking e...

Economy

UK Housing Market Sees Steady Growth: February Prices Up by 3.9%

The UK housing market showed resilience with a 3.9% annual growth in house prices in February, reaching an average of £270,493. Despite affordability challenges, housing transactio...

Economy

Germany's Retail Sector Sees a Promising Start: January Sales Soar by 2.9%

Germany's retail sector experienced a 2.9% increase in real terms in January compared to last year, with food retail up by 1.5% month-on-month and non-food retail climbing by 3.7% ...

Economy

Surge in German Retail Sales: A 2.9% Increase in January Signals Economic Recovery

Germany's retail sales saw a 2.9% increase in January, signaling a strong start to the year and indicating potential economic recovery. The growth, adjusted for calendar and season...

Economy

Exploring Trade Policies: South Korea's Choi Engages with US Treasury Secretary Bessent on Tariffs

Acting South Korean President Choi Sang-mok discussed trade policies and tariffs with US Treasury Secretary Scott Bessent, highlighting South Korea's economic resilience and seekin...

Economy

South Korea Engages in Crucial Trade Policy Talks with U.S. Amid Rising Tariffs

Acting South Korean President Choi Sang-mok discussed trade policy, tariffs, and investment with U.S. Treasury Secretary Scott Bessent. Choi highlighted South Korea's economic resi...