Italy's Economy Shows Resilience with 0.5% GDP Growth in Q4 2024
Italy's GDP grew by 0.5% in Q4 2024, showing stability and resilience. The industrial sector's recovery partially offset declines in agriculture and services, with a mixed economic...
Economy News
December Sees a Surge in UK Mortgage Approvals, Reaching 66,500
The UK saw an increase in mortgage approvals for house purchases to 66,500 in December, as remortgaging approvals and consumer credit rates experienced shifts, highlighting a dynam...
Eurozone's Economic Stagnation: A Closer Look at Q4 2024 GDP Figures
The Eurozone's GDP showed no growth in Q4 2024, with a 0.1% increase in the EU. Italy's economy rose by 1.5%, while Ireland's GDP fell by 1.3%. Annual growth was 0.7% in the euro a...
Eurozone Faces Slight Uptick in Unemployment, Reaching 6.3% in December 2024
The Eurozone's unemployment rate slightly increased to 6.3% in December 2024, with Spain and Greece facing the highest rates, while Czechia, Malta, and Poland reported the lowest f...
Italy's Unemployment Rate Climbs to 6.2% in December, Surpassing Expectations
Italy's unemployment rate rose to 6.2% in December, exceeding expectations. Employment rates showed a mixed trend, with a slight increase among men but a decrease among women. Over...
Eurozone Sees Uplift in Consumer Confidence and Economic Sentiment in January
In January, the Eurozone and EU saw a slight improvement in consumer confidence and economic sentiment, with indicators showing positive trends. Employment expectations also improv...
Swiss Economy Shows Promising Signs of Recovery in January: KOF Report
The Swiss economy experienced a notable recovery in January, with the KOF Economic Barometer rising to 101.6 points. Sectors like manufacturing and hospitality saw positive develop...
Fed Chair Powell Signals No Rush to Alter Policy Amid Steady Inflation and Strong Labor Market
Federal Reserve Chair Jerome Powell stated there's no immediate need to adjust the Fed's policy stance, citing steady inflation and a strong labor market. The Fed's policy framewor...
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