Economy News

Economy

Germany's Retail Sector Sees a Significant Uplift with a 2.9% Increase in January Sales

Germany's retail sector showed a promising start in January with a 2.9% increase in real terms compared to the previous year, according to Destatis. Both food and non-food retail s...

Economy

Swiss Retail Sales Hold Steady in January, Real Turnover Sees Modest Growth

Switzerland's retail sales remained stable in January, with nominal turnover unchanged and a slight 1.3% increase in real turnover, as reported by the Federal Statistical Office.

Economy

France Faces Economic Downturn: GDP Drops by 0.1% in Q4 2024

France's GDP saw a 0.1% decline in Q4 2024, following a 0.4% growth in the previous quarter. The report highlights a decrease in service consumption and a slight increase in goods ...

Economy

February Sees a Sharp Decline in French Inflation Rates, Dropping to 0.8%

France's inflation rate dropped to 0.8% in February, the first time below 1% since February 2021, largely due to a decrease in energy prices. Tobacco and service costs, however, sa...

Economy

Swiss Economic Activity Takes a Dip in February: A Closer Look at the KOF Report

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 manufacturing and...

Economy

Germany's February Unemployment Rate Holds Steady at 6.4%, Defying Analyst Predictions

Germany's unemployment rate remained at 6.4% in February, defying analyst predictions of an increase. The total number of unemployed stood at 2,989,000, with underemployment rates ...

Economy

Germany's Unemployment Rate Holds Steady at 6.4% in February, Defying Analyst Predictions

Germany's unemployment rate remained steady at 6.4% in February, with a total of 2,989,000 unemployed people, slightly up from the previous month but lower than expected. Underempl...

Economy

UK Housing Market Sees Robust Growth: February Prices Surge by 3.9% Annually

The UK housing market in February saw a 3.9% annual growth in house prices, with the average price reaching £270,493. Despite affordability challenges, the market remains resilient...