Economy News

Economy

Germany's Unemployment Rate Holds Steady at 6.4% in February, Defying Analyst Predictions

Germany's unemployment rate remained steady at 6.4% in February, with a total of 2,989,000 unemployed people, slightly up from the previous month but lower than expected. Underempl...

Economy

UK Housing Market Sees Robust Growth: February Prices Surge by 3.9% Annually

The UK housing market in February saw a 3.9% annual growth in house prices, with the average price reaching £270,493. Despite affordability challenges, the market remains resilient...

Economy

January Sees a 2.9% Surge in German Retail Sales: A Sign of Economic Recovery?

Germany's retail sales in January showed a promising 2.9% real-term increase year-on-year, with food retail growing and non-food retail experiencing mixed results, indicating poten...

Economy

Swiss Retail Sales Show No Growth in January, Contrary to Expectations

In January, Swiss retail sales showed no growth in nominal terms, with a modest 1.3% increase in adjusted real turnover, below analysts' expectations. This suggests potential stagn...

Economy

France's Economy Stumbles: A 0.1% GDP Decline in Q4 2024

France's GDP saw a 0.1% decline in Q4 2024, contrasting with the previous quarter's growth. Consumption of services fell, while goods consumption rose. Exports and imports both inc...

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...