economic analysis News

US Trade Deficit Hits Record High in January, Surpassing Expectations

The US trade deficit reached a record $131.4 billion in January, the highest since May 2022, due to a significant increase in imports. Exports also rose, but not enough to offset t...

South Korea's Inflation Rate Takes a Slight Dip to 2% in February

South Korea's annual inflation rate slightly decreased to 2% in February from 2.2% in January, according to Statistics Korea. This change is significant for economic analysis and f...

January Sees a 0.2% Dip in US Personal Spending Amid Economic Shifts

In January, US personal spending decreased by 0.2%, despite a rise in personal income and the PCE price index showing growth. The data reflects shifting consumer behaviors and econ...

January Sees a Slight Dip in US Personal Spending Amid Rising Income

In January, US personal spending saw a minor decline of 0.2%, as reported by the Bureau of Economic Analysis. However, personal income rose by 0.9%, indicating a mixed economic lan...

Eurozone Inflation Climbs to 2.4% in December: A Comprehensive Analysis

The Eurozone's inflation rate rose to 2.4% in December, driven by services, food, alcohol, tobacco, and non-energy industrial goods. This article provides an in-depth analysis of t...