Economy News

Economy

Germany's Retail Sector Surges: December Sales Jump 1.8% Year-on-Year

Germany's retail sales saw a 1.8% real-term increase in December year-on-year, despite a 1.6% month-over-month decline. Nominal terms showed a 0.9% decrease from November but a 3.0...

Economy

UK Housing Market Shows Resilience with 4.1% Annual Growth in January

The UK housing market saw a 4.1% annual growth in house prices in January, with a slight monthly increase. Despite affordability challenges, the market remains resilient, as noted ...

Economy

December 2024 Sees a 1.1% Surge in Swiss Retail Sales: A Sign of Economic Resilience?

Swiss retail sales saw a 1.1% increase in December 2024, with real growth at 2.6% after inflation adjustment. This reflects a resilient consumer market and positive economic indica...

Economy

France's Inflation Climbs to 1.4% in January, Marking a Slight Increase from December

France's inflation rate slightly increased to 1.4% in January, driven by higher tobacco, energy, and services prices, while food prices saw minimal growth. The CPI and HICP indices...

Economy

Germany Faces Rising Unemployment: A January Spike to 6.4%

Germany's unemployment rate rose to 6.4% in January, with a significant increase in both unemployment and underemployment figures, highlighting growing labor market challenges.

Economy

European Central Bank Reports Rise in 1-Year Inflation Expectations to 2.8%

The European Central Bank's December 2024 survey indicates a rise in 1-year inflation expectations to 2.8%, with stable long-term inflation and economic growth forecasts. Unemploym...

Economy

December 2024 Sees a 1.1% Surge in Italian Producer Prices: A Closer Look

In December 2024, Italy's Producer Price Index rose by 1.1% year-on-year, with the wood, paper, and printing industry leading the growth. The refined petroleum products sector, how...

Economy

ECB's Muller Signals Fading Price Increase Momentum, Eyes Future Rate Cuts

ECB's Madis Muller discusses the recent interest rate cut, signaling a fading momentum in price increases and a strategic move towards economic recovery. With inflation targets in ...