Italy’s retail sales stable in July; online sales rise 2.9 per cent
Italy’s retail sector showed signs of stagnation in July 2025 as seasonally adjusted sales stayed flat in value…
Europe needs to deepen ties with non-US trade partners: ECB president
While the United States is—and will remain—an important trading partner of the European Union (EU), the latter should…
Europe needs to deepen ties with non-US trade partners: ECB president
While the United States is—and will remain—an important trading partner of the European Union (EU), the latter should…
German economy faces stubborn stagnation: Deutsche Bundesbank
The German economy is in a state of stubborn stagnation while many other countries are growing, and structural…
Germany’s ZEW economic sentiment falls sharply in August
Germany’s ZEW Indicator of Economic Sentiment has dropped significantly in August 2025 to plus 34.7 points, down 18…
ICE cotton slips as crude oil falls, market eyes USDA data
ICE cotton futures weakened on Wednesday as falling crude oil prices discouraged cotton buying. Unlike grain markets, US…
Germany’s inflation holds at 2% in July; core inflation at 2.7%
Germany’s annual inflation rate stood at 2 per cent in July 2025, unchanged from the previous month, according…
Turkiye’s unemployment rate up 0.2 pp MoM to 8.6% in Jun 2025
The number of unemployed in Turkiye aged 15 and above increased by 52,000 month on month (MoM) to…
Economic sentiment picks up in both EU, euro area in Jul 2025
The economic sentiment indicator (ESI) picked up in both the European Union (EU: plus 1 point to 95.3)…
Current account surplus rises, IMF calls for Japan fiscal reform
The IMF has assessed Japan’s 2024 external position as broadly aligned with medium-term fundamentals and desirable policy settings…
Poland may lose $2.16 bn due to US tariffs on European goods: PM Tusk
Preliminary estimates show Poland may lose around 8 billion zlotys (~$2.16 billion) due to new US tariffs on…
Euro area gains ground externally, IMF cautions on imbalances
The euro area posted a moderately stronger external position in 2024, supported by a rebound in its current…