Economy News

Economy

January Sees a 1% Drop in French Producer Prices, Signaling Economic Shifts

French industry production prices decreased by 1% in January compared to last year, with a notable 2.1% drop in domestic market prices. However, a slight monthly increase suggests ...

Economy

February Sees a Boost in Italian Consumer Confidence, Surpassing Expectations

Italy's consumer confidence index improved to 98.8 in February, surpassing expectations. While some sectors like manufacturing saw growth, others such as construction and retail tr...

Economy

February Sees a Surge in Eurozone Consumer Confidence, Signaling Economic Optimism

February saw an uplift in Eurozone consumer confidence, with indicators rising to -13.6, alongside a 1-point increase in economic sentiment to 96.3. However, employment expectation...

Economy

Federal Reserve's Lorie Logan Advocates for Steady Interest Rates Amid Rising Inflation

Dallas Federal Reserve President Lorie Logan discusses the Federal Reserve's stance on interest rates amidst economic growth and inflation concerns. She also shares insights on ban...

Economy

Swiss Producer and Import Prices Experience a Marginal Increase in January

In January, Switzerland's Producer and Import Price Index slightly increased by 0.1%, influenced by higher prices in petroleum products, watches, and medical supplies, despite a dr...

Economy

Spain's Inflation Slightly Adjusted Down to 2.9% in January: A Closer Look

Spain's inflation rate for January was revised down to 2.9% from a preliminary 3%, with transportation and housing prices being the main contributors. The Harmonized Index of Consu...

Economy

Eurozone Sees Marginal GDP Growth of 0.1% in Q4 2024, Sparking Economic Optimism

The Eurozone's GDP grew by 0.1% in Q4 2024, with a year-on-year increase of 0.9%. The EU's economy expanded by 0.2% quarterly and 1.1% annually. Poland and Portugal were among the ...

Economy

Russia's Central Bank Maintains Key Interest Rate at 21% Amid Economic Adjustments

The Central Bank of Russia has kept its key interest rate at 21% for the second time in a row, predicting inflation will drop to 7-8% by 2025. The economy grew by 4.1% in 2024, sup...