economic trends News

Euro Soars to New Heights: Reaches Highest Level Against Dollar Since 2021

The euro has surged 1.23% against the US dollar, reaching 1.1500 for the first time since November 2021, indicating a strong performance in the currency markets and prompting analy...

March Sees a Sharp 11.4% Decline in US Housing Starts Amidst Economic Shifts

US housing starts fell by 11.4% in March, with single-family starts dropping 14.2%. Building permits rose slightly by 1.6%, but single-family permits decreased. Housing completions...

Germany's March Producer Prices Dip 0.2%: Energy Costs Lead the Decline

Germany's producer prices fell by 0.2% in March, with energy prices dropping 3.6% month-over-month. However, non-durable consumer goods, capital goods, and durable consumer goods s...

Germany's Producer Prices Take a Dip in March: Energy Costs Lead the Decline

Germany's producer prices fell by 0.2% in March, with energy prices dropping significantly. Meanwhile, non-durable consumer goods and capital goods saw price increases, reflecting ...

Italy's Inflation Rises to 1.9% in March, Signaling Economic Shifts Ahead

Italy's inflation rate increased to 1.9% in March from 1.6% in February, with core prices rising 1.7% year-over-year. The HICP also grew, indicating ongoing economic adjustments.

Italy's Inflation Climbs to 1.9% in March, Surpassing February's Rate

Italy's inflation rate increased to 1.9% in March from 1.6% in February, with core prices rising 1.7% year-over-year. The HICP also showed growth, reflecting broader economic trend...

Italy Sees a Notable Rise in Inflation: March Figures Jump to 1.9% from 1.6%

Italy's inflation rate rose to 1.9% in March from 1.6% in February, with core prices and HICP showing significant increases, indicating underlying economic pressures.

UK Inflation Drops Unexpectedly to 2.6% in March, Defying Analyst Predictions

The UK's annual inflation rate unexpectedly fell to 2.6% in March from 2.8% in February, below analysts' forecasts, according to the Office for National Statistics. This developmen...

Surprising Drop in Canadian Inflation: From 2.6% to 2.3% in March Sparks Economic Discussions

Canada's inflation rate unexpectedly dropped to 2.3% in March, down from 2.6% in February, largely due to lower prices in travel tours and gasoline. This change has sparked discuss...

March Sees a Significant 0.4% Drop in US Producer Prices, Signaling Economic Shifts

The US producer price index fell by 0.4% in March, with a significant portion attributed to a drop in goods prices. Despite this, annual figures show a 2.7% increase, highlighting ...

Spain's Inflation Drops to 2.3% in March: A Closer Look at the Economic Shift

Spain's inflation rate decreased to 2.3% in March, down from 3% in February, driven by changes in transportation, housing, and leisure sectors. Monthly consumer prices rose slightl...

Spain Sees Significant Drop in Inflation: March Figures Show Decrease to 2.3% from 3%

Spain's annual inflation rate dropped to 2.3% in March, down from 3% in February, as confirmed by the National Statistics Office. This decline could signal economic relief for cons...

March Sees a Dip in US Small Business Optimism: NFIB Reports Unsettling Trends

The NFIB reports a decline in US small business optimism in March, with the index falling below the 51-year average. Key concerns include taxes, labor quality, and sales expectatio...

March Sees a Dip in US Small Business Optimism: NFIB Reports Unsettling Trends

In March, US small business optimism declined, with the NFIB reporting a 3.3-point drop in the optimism index to 97.4, below the 51-year average. Concerns over taxes and labor qual...

Germany's Trade Surplus Rises to €17.7 Billion in February, Defying Expectations

Germany's trade surplus reached €17.7 billion in February, up from January but down year-on-year, with exports and imports showing mixed trends. Trade within the EU and with non-EU...

Switzerland's Inflation Holds Steady at 0.3% in March: What's Behind the Stability?

Switzerland's inflation rate remained stable at 0.3% in March, with the CPI unchanged at 107.5 points. The balance was due to opposing price movements in various sectors, including...

South Korea Faces Persistent Inflation: Consumer Prices Surpass 2% for the Third Month in a Row

South Korea's consumer prices have risen above 2% for the third consecutive month, driven by increases in processed food prices and university tuition fees. The Bank of Korea antic...

Eurozone Inflation Dips Slightly in March: A Closer Look at the Numbers Behind the Drop

Eurozone's annual inflation slightly decreased from 2.3% in February to 2.2% in March, with services contributing the most to the CPI increase. Core CPI rose by 2.4% year-on-year, ...

Record-Breaking $129.4 Billion Remittances to India in 2024: A Testament to Global Indian Diaspora's Strength

In 2024, Indians abroad sent a record $129.4 billion home, marking the third year remittances exceeded $100 billion. Growth is driven by skilled migration and IT sector expansion, ...

Eurozone Inflation Dips Slightly to 2.2% in March: A Closer Look at the Numbers

Eurozone's annual inflation slightly decreased to 2.2% in March, with services being the largest contributor to the CPI increase. Core CPI rose by 2.4% year-on-year, with significa...

Italy's Inflation Holds Steady at 1.6% in March: A Closer Look at the Economic Trends

Italy's annual inflation rate held steady at 1.6% in March, as reported by the National Statistics Office (INE). This stability raises questions about the future economic direction...

Italy's Producer Prices Surge by 6.2% in February 2025, Signaling Economic Shifts

Italy's Producer Price Index (PPI) surged by 6.2% in February 2025 year-on-year, with a 0.7% monthly increase, as reported by Istat, highlighting significant economic trends.

February Sees a 0.4% Dip in French Producer Prices, Signaling Economic Shifts

French industry production prices decreased by 0.4% in February year-over-year, with domestic market prices dropping 1.4%. Monthly data shows a 0.5% fall overall and a 0.8% decline...

French Industry Faces a Dip: Producer Prices Drop by 0.4% in February Amid Economic Shifts

French industry production prices decreased by 0.4% in February year-over-year, with a more significant drop in the home market. Excluding energy, prices actually increased, highli...

U.S. Trade Deficit Narrows to $147.9B in February, Defying Analysts' Predictions

The U.S. trade deficit unexpectedly narrowed to $147.9 billion in February, with exports rising and imports slightly decreasing. Wholesale inventories also showed growth, indicatin...

Janet Yellen Brings Her Economic Expertise to Pimco's Global Advisory Board

Former US Treasury Secretary Janet Yellen joins Pimco's global advisory board, bringing her economic expertise to help navigate global financial markets. The board, consisting of t...

UK Inflation Dips Unexpectedly to 2.8% in February, Beating Analyst Predictions

The UK's annual inflation rate unexpectedly fell to 2.8% in February, below analysts' expectations and down from 3% in January, with consumer prices rising 0.4% monthly and CPIH in...

Australia's Inflation Rate Unexpectedly Dips to 2.4% in February, Signaling Economic Shifts

Australia's inflation rate unexpectedly fell to 2.4% in February, with core measures also showing a decline, indicating potential shifts in the economic landscape. This development...

Spain's Producer Prices Surge by 6.6% in February, Energy Costs Lead the Charge

Spain's producer prices surged by 6.6% in February, with energy costs skyrocketing by 22.2% annually. Excluding energy, prices remained stable, but the monthly increase of 1.2% sig...

Spain's Inflation Rises to 3% in February: A Detailed Look at the Economic Shift

Spain's inflation rate increased to 3% in February, with consumer prices rising by 0.4% month-on-month. Core consumer prices and the Harmonized Index of Consumer Prices also showed...

US Dollar Gains Momentum Against Vietnamese Dong: A Detailed Market Analysis

The US dollar shows a slight increase against the Vietnamese dong, with Vietcombank reporting a 0.08% rise. Amidst global trade tensions and fluctuating U.S. Treasury yields, the d...

Swiss Inflation Rate Dips Slightly to 0.3% in February: A Closer Look

Switzerland's inflation rate slightly decreased to 0.3% in February, with the consumer price index rising by 0.6% monthly. Higher prices in clothing, footwear, and transport contri...