Economy News

Economy

Germany's Retail Sector Shows Resilience with a 2.2% Sales Increase in March

Germany's retail sales in March saw a 2.2% real-term increase year-on-year, with food retail growing slightly and non-food retail showing mixed results. Nominal sales, however, dec...

Economy

France's Inflation Holds Steady at 0.8% in April: What's Driving the Numbers?

France's inflation rate stayed at 0.8% in April, with service prices rising but energy costs falling. The HCPI is expected to grow by 0.8% yearly and 0.6% monthly.

Economy

Germany's Unemployment Rate Drops to 6.3% in April, Marking a Slight Improvement

Germany's unemployment rate slightly decreased to 6.3% in April from 6.4% in March, with the number of unemployed residents falling by 36,000 month-on-month but rising by 182,000 y...

Economy

Germany's Economy Shows Resilient Growth with a 0.2% Rise in Q1 Despite Annual Dip

Germany's economy experienced a 0.2% growth in Q1, as reported by Destatis, despite a yearly decline of 0.4%. The increase in household consumption and capital formation indicates ...

Economy

Italy's Economy Shows Resilience with a 0.6% GDP Growth in Q1 2025

Italy's GDP grew by 0.6% in Q1 2025, with positive contributions from agriculture and industry sectors, while services remained stable. Domestic demand rose, but net exports had a ...

Economy

Eurozone Economy Shows Resilience with 0.4% GDP Growth in Early 2025

The Eurozone's GDP grew by 0.4% in Q1 2025, with the EU expanding by 0.3%. Ireland, Lithuania, and Spain showed significant growth, while Austria, Hungary, and Germany experienced ...

Economy

Italy's Inflation Slightly Rises to 2% in April, Fueled by Energy and Food Prices

Italy's inflation rate rose to 2% in April, driven by increases in energy, transport, and food prices. The CPI increased by 0.2% month-over-month, with core prices up 2.1% yearly.

Economy

EU Unveils €910 Million Defense Modernization Plan to Boost Security and Innovation

The European Commission announces a €910 million investment under the 2024 European Defence Fund to modernize Europe's defense industry, involving Ukrainian defense sectors for the...