Economy News

Economy

Eurozone's Producer Prices Surge by 0.8% in January: A Detailed Analysis

The Eurozone's producer prices increased by 0.8% in January, with the energy sector leading the growth. This article provides a detailed analysis of the monthly and annual changes ...

Economy

Unexpected Dip in Italian Retail Sales: A 0.4% Decline in January

Italian retail sales decreased by 0.4% in January, with food and non-food sales dropping by 0.3% and 0.5% respectively. However, a 0.9% year-over-year growth was observed, with foo...

Economy

South Korean Exporters Face Massive Losses Due to Unpredictable Exchange Rate Swings

South Korean exporters have faced significant financial losses due to the sharp depreciation of the won, with over 1 trillion won lost from foreign exchange hedge contracts last ye...

Economy

South Korea Challenges Trump's Claims on High Tariffs: A Deep Dive into Trade Facts

South Korea refutes President Trump's claims of high tariffs on U.S. imports, citing the Korea-U.S. Free Trade Agreement as evidence of low effective tariff rates. The government p...

Economy

Eurozone's Producer Prices Surge: A 0.8% Jump in January Signals Economic Momentum

In January, the Eurozone's producer prices saw a 0.8% increase, with the energy sector leading the surge. This growth, mirrored across the EU, highlights the region's economic mome...

Economy

February Sees Continued Growth in UK Business Activity Despite Challenges

The UK's private sector continues to expand for the 16th month, with a slight dip in the PMI. The service sector saw growth but faced challenges in new business and employment. Ris...

Economy

Unexpected Drop in Italian Retail Sales: A 0.4% Decrease in January

Italian retail sales decreased by 0.4% in January, missing analysts' expectations. Food sales dropped by 0.3%, and non-food sales fell by 0.5%. Yearly, retail trade rose by 0.9%, w...

Economy

Swiss Inflation Rate Dips Slightly to 0.3% in February, Marking a Subtle Economic Shift

Switzerland's annual inflation rate slightly decreased to 0.3% in January from 0.4% in February, with the Consumer Price Index rising 0.6% monthly. Higher prices in clothing, footw...