Economy News

Economy

January Sees a Slight Dip in UK Mortgage Approvals to 66,200

In January, UK mortgage approvals slightly decreased to 66,200, while remortgaging approvals rose. Consumer credit increased to £1.7 billion, and the annual growth rate for consume...

Economy

Italy's Economy Sees a 0.7% Growth in 2024: A Closer Look at the Driving Forces

Italy's GDP grew by 0.7% in 2024, driven by national demand, consumption expenditure, and external trade. Key sectors like capital formation and exports contributed to this economi...

Economy

Eurozone Inflation Dips to 2.4% in February: A Closer Look at the Numbers

The Eurozone's inflation rate slightly decreased to 2.4% in February, with significant price increases in services and food, alcohol, and tobacco. Croatia and Belgium reported the ...

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

Turkey's Inflation Rate Drops Significantly to 39.05% in February: A Closer Look

Turkey's annual inflation rate dropped to 39.05% in February from 42.12% in January, with significant variations across different sectors. The Consumer Price Index rose by 2.27% mo...

Economy

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

Germany's manufacturing sector shows signs of recovery in February, with the PMI reaching a 25-month high. Despite ongoing challenges, there's optimism for future growth, as indica...

Economy

Eurozone Manufacturing Sector Shows Signs of Recovery in February

The Eurozone's manufacturing sector shows signs of recovery in February, with improvements in production and new orders. Despite job cuts and cost pressures, businesses remain opti...

Economy

Warren Buffett Criticizes Tariffs: An Economic War with Hidden Costs

Warren Buffett criticizes President Trump's tariff policies, highlighting their potential to trigger inflation and harm consumers. His comments reflect concerns over the broader ec...