Economy News

Economy

Germany's Inflation Holds Steady at 2.2% in March, Fueled by Rising Food Prices

Germany's inflation rate remained steady at 2.2% in March, with food prices rising by 3.0% and energy prices dropping by 2.8%. The core inflation rate increased by 2.6%, and the HI...

Economy

UK Industrial Sector Sees a Significant 1.5% Growth in February, Fueled by Manufacturing Surge

The UK's industrial production grew by 1.5% in February, driven by significant increases in manufacturing and electricity & gas sectors, despite a drop in mining and quarrying. Ove...

Economy

UK Economy Shows Signs of Growth: Chancellor Reeves Calls for Faster Action Amid Encouraging GDP Data

UK Chancellor Rachel Reeves views the latest GDP growth as encouraging but insists on faster action to strengthen the economy and support workers, following a 0.5% rise in February...

Economy

Spain's Inflation Drops to 2.3% in March, Marking a Significant Decrease from February

Spain's inflation rate dropped to 2.3% in March, down from 3% in February, driven by changes in transportation, housing, and leisure sectors. Monthly consumer prices saw a slight i...

Economy

China Escalates Trade War with US by Raising Tariffs to 125% on American Goods

China responds to US tariffs by increasing its own tariffs on American goods from 84% to 125%, effective April 12, and vows to ignore further US tariff impositions.

Economy

EU Temporarily Halts Retaliatory Tariffs on US Goods Following Trump's Unexpected Policy Shift

The EU has paused its retaliatory tariffs on US goods following Trump's unexpected 90-day tariff halt. Targeting over 20 billion euros in US products, the EU prefers negotiation ov...

Economy

China Escalates Trade War with US, Raising Tariffs to 125% on American Goods

China responds to US tariffs by increasing its own tariffs on American goods from 84% to 125%, effective April 12. The move escalates the trade war, with China criticizing US actio...

Economy

UK Economy Shows Resilience with 0.5% GDP Growth in February Amidst Global Uncertainties

The UK's GDP grew by 0.5% in February, with production output leading at 1.5% increase. Quarterly data shows a 0.6% rise in real GDP, highlighting economic resilience.