economic resilience News

Eurozone Sees Slight Dip in Unemployment Rate to 6.1% in February, Signaling Economic Resilience

The Eurozone's unemployment rate slightly decreased to 6.1% in February, down by 0.1 percentage point from January, indicating a subtle improvement in the labor market amidst econo...

Japan's Industrial Sector Sees a 2.5% Surge in February, Signaling Economic Resilience

Japan's industrial output rose by 2.5% in February, showcasing the sector's strength and hinting at a positive economic trajectory amidst global challenges.

US Economy Shows Resilience: GDP Growth Revised Upward to 2.4% in Q4 2024

The US GDP growth for Q4 2024 was revised up to 2.4%, driven by consumer and government spending despite investment declines. Annual growth held at 2.8%, with sectors showing varie...

Indian Stock Market Continues Winning Streak: Sensex and Nifty Rise for Seventh Consecutive Day

The Indian stock market continues its bullish trend with Sensex and Nifty rising for the seventh consecutive day, showcasing investor confidence and economic resilience. Sensex gai...

Eurozone Business Activity Soars to a 7-Month Peak in March, Signaling Economic Resilience

The Eurozone's business activity reached a 7-month high in March, with the Composite PMI Output Index rising to 50.4. While the services sector saw a slight decline, manufacturing ...

Fitch Predicts Robust 6.5% GDP Growth for India in FY26, Despite US Tariff Challenges

Fitch Ratings forecasts a robust 6.5% GDP growth for India in FY26, highlighting the country's economic resilience amidst US tariff challenges. The report emphasizes India's low re...

Eurozone's Industrial Surge: A 0.8% Leap in January Signals Economic Resilience

The Eurozone's industrial production rose by 0.8% in January, showcasing economic resilience. The EU saw a 0.3% increase, but a slight year-over-year decline, indicating a mixed in...

Vietnam's Economy Stands Resilient Against US Tariffs: A Deep Dive into Bilateral Trade Relations

Despite US tariffs, Vietnam's economy remains resilient, with strong bilateral trade relations. Vietnam emphasizes harmonious trade, seeks to reduce tariff disparities, and encoura...

US Sees Significant Drop in Jobless Claims, Signaling Economic Resilience

The United States has seen a significant decrease in jobless claims, with a drop of 21,000 to 221,000 for the week ending March 1, surpassing analysts' expectations. The insured un...

February Sees a Gradual Slowdown in Australian Services Sector Growth

The Australian services sector's expansion pace slowed in February, raising questions about its impact on the broader economy. Despite this, resilience in certain areas offers a si...

February Sees a 9.1% Surge in GST Collections, Reaching 1.83 Lakh Crore: A Sign of Economic Resilience

February's GST collections in India surged by 9.1% to Rs 183,646 crore, driven by a significant rise in domestic collections. This growth reflects the country's economic resilience...

South Korea's Acting President Choi Engages in Crucial Trade Policy Talks with US Treasury Secretary Bessent Amid Tariff Tensions

Acting South Korean President Choi Sang-mok discussed trade policy and tariffs with US Treasury Secretary Scott Bessent, highlighting South Korea's economic resilience and seeking ...

Swiss Retail Sales Hold Steady in January, Defying Analyst Expectations

Switzerland's retail sales remained unchanged in January in nominal terms, with a slight 1.3% increase in real retail trade turnover, indicating a cautious market optimism despite ...

South Korea's Choi Engages in Crucial Trade Policy Dialogue with U.S. Treasury Secretary Amid Tariff Tensions

Acting South Korean President Choi Sang-mok discussed trade policies and tariffs with U.S. Treasury Secretary Scott Bessent, highlighting South Korea's economic resilience and seek...

Choi Sang-mok Engages in Crucial Trade Policy Talks with US Treasury Secretary Amid Rising Tariffs

Acting South Korean President Choi Sang-mok discussed trade policy and tariffs with US Treasury Secretary Scott Bessent, emphasizing South Korea's economic resilience and seeking e...

Exploring Trade Policies: South Korea's Choi Engages with US Treasury Secretary Bessent on Tariffs

Acting South Korean President Choi Sang-mok discussed trade policies and tariffs with US Treasury Secretary Scott Bessent, highlighting South Korea's economic resilience and seekin...

South Korea Engages in Crucial Trade Policy Talks with U.S. Amid Rising Tariffs

Acting South Korean President Choi Sang-mok discussed trade policy, tariffs, and investment with U.S. Treasury Secretary Scott Bessent. Choi highlighted South Korea's economic resi...

Surprising Uptick in Italy's Consumer Confidence Signals Economic Resilience in February

Italy's consumer confidence index rose to 98.8 in February, exceeding expectations. The economic and business confidence indices showed mixed trends, with manufacturing confidence ...

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...

U.S. Sees a Significant Drop in Initial Jobless Claims, Signaling Economic Resilience

The United States reports a significant decrease in initial jobless claims, with a drop to 207,000 for the week ending January 25, indicating a resilient labor market despite missi...

WTO Director-General Advocates for Decentralized Supply Chains for Economic Resilience

WTO Director-General Ngozi Okonjo-Iweala calls for the decentralization of supply chains to enhance economic resilience and job creation, while also emphasizing the transformative ...

December Sees Slight Uptick in Eurozone Composite PMI, Signaling Economic Resilience

The Eurozone's economic activity showed slight improvement in December with the Composite PMI at 49.6, despite slowing service sector growth and a contracting manufacturing sector,...

China's Retail Sales Surge: A 3% Boost in November Amid Economic Resilience

China's retail sales saw a 3% increase in November, highlighting the country's economic resilience and steady recovery of consumer confidence.