Economy News

Economy

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

France's inflation rate unexpectedly dropped to 0.8% in February, the first time below 1% since February 2021, driven by a significant decrease in energy prices. Tobacco and servic...

Economy

Switzerland's Economic Momentum Slows Down: A Closer Look at February's Decline

Switzerland's economic activity saw a decline in February, as reported by the KOF Swiss Economic Institute. Key sectors like manufacturing and services faced pressure, with some in...

Economy

February Sees a Significant Drop in French Inflation Rate to 0.8%

France's inflation rate unexpectedly dropped to 0.8% in February, below 1% for the first time since February 2021, largely due to a decrease in energy prices, while tobacco and ser...

Economy

Swiss Retail Sales Show No Growth in January Despite Adjustments

Switzerland's retail sales remained unchanged in January, with a nominal turnover showing no annual growth. Adjusted figures revealed a slight 1.3% increase in real retail trade tu...

Economy

Choi Sang-mok Engages in Crucial Trade Policy Talks with US Treasury Secretary Amid Rising Tariffs

Acting South Korean President Choi Sang-mok discussed trade policy and tariffs with US Treasury Secretary Scott Bessent, emphasizing South Korea's economic resilience and seeking e...

Economy

UK Housing Market Sees Steady Growth: February Prices Up by 3.9%

The UK housing market showed resilience with a 3.9% annual growth in house prices in February, reaching an average of £270,493. Despite affordability challenges, housing transactio...

Economy

Germany's Retail Sector Sees a Promising Start: January Sales Soar by 2.9%

Germany's retail sector experienced a 2.9% increase in real terms in January compared to last year, with food retail up by 1.5% month-on-month and non-food retail climbing by 3.7% ...

Economy

Surge in German Retail Sales: A 2.9% Increase in January Signals Economic Recovery

Germany's retail sales saw a 2.9% increase in January, signaling a strong start to the year and indicating potential economic recovery. The growth, adjusted for calendar and season...