Economy News

Economy

Turkey Sees a Slight Dip in Inflation Rates to 39.05% in February, What Does This Mean?

Turkey's inflation rate decreased to 39.05% in February from 42.12% in January, with the education sector experiencing the highest increase at 94.90%. The core CPI, excluding volat...

Economy

German Manufacturing Sector Shows Promising Growth in February, Hits 25-Month High

Germany's manufacturing sector experienced a notable acceleration in February, with the PMI reaching a 25-month high. Despite challenges in new orders and exports, there's optimism...

Economy

Eurozone Manufacturing Sector Shows Signs of Recovery in February

The Eurozone's manufacturing sector showed signs of improvement in February, with the PMI reaching its highest point in two years. Despite ongoing challenges, businesses remain opt...

Economy

Italy's Economic Growth Surges by 0.7% in 2024, Marking a Significant Recovery

Italy's economy grew by 0.7% in 2024, driven by national demand, consumption, and trade dynamics, marking a significant recovery and positive economic shift.

Economy

January Sees a Slight Dip in UK Mortgage Approvals Amidst Rising Remortgaging

UK mortgage approvals for house purchases slightly decreased to 66,200 in January from 66,500 in December 2024, while remortgaging approvals increased. Consumer credit growth slowe...

Economy

February Sees a Sharp Decline in UK Manufacturing Activity: A 14-Month Low

UK manufacturing activity fell to a 14-month low in February, with the PMI dropping to 46.9. Factors include reduced new orders, lower client confidence, and supply chain issues, a...

Economy

Malaysia Aims for a 25% Surge in Durian Exports to China Amid Growing Demand

Malaysia is targeting a 25% increase in durian exports to China, driven by expanded farming land, enhanced processing, and stronger commercial ties. With import restrictions on dur...

Economy

Trump's Bold Move: U.S. to Stockpile Cryptocurrencies, Igniting Market Frenzy

Former U.S. President Donald Trump announces a plan to stockpile cryptocurrencies, aiming to make the U.S. the global leader in digital currency. This bold move triggers a signific...