Economy News

Economy

US Trade Deficit Widens to $78.2 Billion in November, Surpassing Expectations

The US trade deficit increased to $78.2 billion in November, up $4.6 billion from the previous month, with exports and imports both seeing significant growth. This marks a 13.0% in...

Economy

Germany Adjusts December Inflation Rate Downward to 2.8%, Surpassing ECB Target Again

Germany's December inflation was adjusted to 2.8%, slightly down from the initial 2.9% forecast. The annual inflation rate rose to 2.6%, marking the third month above the ECB's 2% ...

Economy

Eurozone Inflation Climbs to 2.4% in December: What's Driving the Surge?

The Eurozone's inflation rate is expected to rise to 2.4% in December, driven primarily by services. This article explores the factors behind this increase and provides insights in...

Economy

Italy's Inflation Holds Steady at 1.3% in December, Defying Market Expectations

Italy's inflation rate remained steady at 1.3% in December, influenced by lower prices in several sectors but countered by rising energy costs. The Harmonised Index of Consumer Pri...

Economy

Eurozone Inflation Climbs to 2.4% in December: A Comprehensive Analysis

The Eurozone's inflation rate rose to 2.4% in December, driven by services, food, alcohol, tobacco, and non-energy industrial goods. This article provides an in-depth analysis of t...

Economy

December Sees Unexpected Drop in UK Construction Activity Amid Economic Concerns

The UK construction sector saw a decline in December, with the PMI dropping to 53.3, below expectations. Residential work led the slowdown, amid concerns over capital spending cuts...

Economy

Eurozone Unemployment Hits a New Low: Drops to 6.3% in November

The Eurozone's unemployment rate has decreased to 6.3% in November, signaling a positive shift in the labor market. This improvement is attributed to increased economic activity an...

Economy

UK 30-Year Gilt Yield Soars to 27-Year High Amid Economic Optimism

UK gilt yields hit a 27-year high as optimism over economic recovery and a proposed budget plan fuel market confidence. The 30-year yield rose to 5.207%, with significant increases...