Economy News

Economy

Eurozone and EU Show Modest GDP Growth in Q4 2024, Full Year Figures Revealed

In Q4 2024, the Eurozone's GDP grew by 0.2%, with the EU seeing a 0.4% increase. For the full year, growth was 1.2% in the Euro area and 1.4% in the EU, according to Eurostat.

Economy

France's Trade Deficit Widens to €6.5 Billion in January, Marking a Significant Increase

France's trade deficit increased significantly to €6.5 billion in January, with exports decreasing and imports rising. The energy balance worsened, while manufactured goods saw a s...

Economy

France's Trade Deficit Widens to €6.5 Billion in January, Marking a Significant Increase

France's trade deficit surged to €6.5 billion in January, up from €3.9 billion in December, with exports decreasing and imports increasing. The energy balance worsened, while the m...

Economy

January Sees a Sharp 7% Drop in German Factory Orders, Signaling Economic Challenges

Germany's factory orders fell sharply by 7% in January, with significant declines in both domestic and foreign orders. The machinery and equipment sector was particularly affected,...

Economy

January Sees a Sharp 7% Drop in German Factory Orders, Signaling Economic Challenges

Germany's factory orders plummeted by 7% in January, with significant decreases in both domestic and foreign orders. The manufacture of machinery and equipment sector led the decli...

Economy

UK Housing Market Sees 2.9% Price Increase in February Amidst Shifting Demand

The UK housing market saw a 2.9% annual increase in house prices in February, with the average price reaching £298,602. Despite a slight monthly decline, the market is adjusting to...

Economy

South Korea's Loan Growth Hits Record Low Since 2008, Triggered by Global and Domestic Uncertainties

South Korea's loan growth hits a record low since 2008, influenced by global and domestic uncertainties. The annual loan growth rate dropped to 3.8%, with significant impacts on va...

Economy

Vietnam's Trade Surplus Soars to $1.47 Billion in Just Two Months

Vietnam reports a $1.47 billion trade surplus in two months, with a 12% increase in import-export turnover. Exports grew by 8.4%, led by processed industrial goods. The U.S. and Ch...