Economy News

Economy

France's Economy Stumbles: GDP Dips 0.1% in Q4 2024 Amid Mixed Sector Performance

France's GDP saw a 0.1% decline in Q4 2024, with mixed sector performance as services consumption fell and goods consumption rose. Exports and imports both increased by 0.4%, leavi...

Economy

Surprising Drop in French Inflation: From 1.7% to 0.8% in Just One Month

French inflation rates unexpectedly dropped to 0.8% in February, the first time below 1% since February 2021, primarily due to a significant decrease in energy prices, while tobacc...

Economy

Swiss Economy Faces Downturn: A Closer Look at February's Economic Barometer Drop

Switzerland's economic activity saw a downturn in February, as reported by the KOF Swiss Economic Institute. The KOF Economic Barometer fell to 101.7 points, with production-side i...

Economy

Germany's Unemployment Rate Holds Steady at 6.4% in February Amid Economic Challenges

Germany's unemployment rate remained steady at 6.4% in February, with a slight increase in the number of unemployed individuals. The report also highlighted a rise in underemployme...

Economy

ECB Reports: One-Year Ahead Inflation Expectations Dip to 2.6% in January 2025

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

Economy

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

Italy's inflation rate rose to 1.7% in February, driven by higher energy and food prices, while transport and communication services saw price reductions. The core inflation rate r...

Economy

ECB Reports Decline in 1-Year Inflation Expectations to 2.6%: A Closer Look

The European Central Bank's January 2025 survey shows a decrease in 1-year inflation expectations to 2.6%, while 3-year expectations remain at 2.4%. Economic growth outlook improve...

Economy

South Korea's Choi Engages in Crucial Trade Policy Dialogue with U.S. Treasury Secretary Amid Tariff Tensions

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