Economy News

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...

Economy

Germany's Inflation Rate Holds Steady at 2.3% in February: A Detailed Look

Germany's inflation rate remained steady at 2.3% in February, with the CPI rising 0.4% monthly. The HCPI also stayed constant, while food prices increased and energy costs declined...

Economy

January Sees a Slight Dip in US Personal Spending Amid Rising Income

In January, US personal spending saw a minor decline of 0.2%, as reported by the Bureau of Economic Analysis. However, personal income rose by 0.9%, indicating a mixed economic lan...

Economy

January Sees US Trade Deficit Soar by 25.6% to a Staggering $153.3 Billion

The US trade deficit increased significantly by 25.6% to $153.3 billion in January, with exports and imports both rising. Wholesale inventories also saw an increase, indicating a c...

Economy

Swiss Economic Barometer Dips Slightly in February, Signaling a Cautious Outlook

The KOF Swiss Economic Institute reports a slight decline in Switzerland's economic activity in February, with the KOF Economic Barometer dropping to 101.7 points. Despite this, th...

Economy

European Central Bank Reports Decline in 1-Year Ahead Inflation Expectations to 2.6%

The European Central Bank's January 2025 survey reveals a decrease in 1-year ahead inflation expectations to 2.6%, while three-year ahead expectations remain at 2.4%. Economic grow...

Economy

February Sees Italian Inflation Rise to 1.7%, Surpassing Analyst Expectations

Italy's inflation rate rose to 1.7% in February, driven by higher energy and food prices, according to Istat. Core inflation remained stable, while HICP also saw an increase.