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Economics Gazette

Economy and Business news

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June 22, 2018

Archives for January 2018

US consumer confidence

US consumer confidence index rose strongly in January

The US consumer confidence index rose to 125.4 points in January, which is above expectations for an increase of 123.1 points, shows a Conference Board study. The index measuring the current moods of the US consumers is slightly down. At the same time, the index of future consumer expectations for economic activity over the next

German inflation

German inflation slows down in January

The German inflation slows down in January on an annual basis to 1.6%, down 1.7%, according to a preliminary estimate of the German Federal Bureau of Statistics. On a monthly basis Germany report a deflation of 0.7% against a preliminary expectations or negative inflation of 0.5%. By comparison, in December, consumer prices rose by 0.6%.

Eurozone inflation

Eurozone inflation rate slows slightly in January

The Eurozone inflation rate is expected to slow slightly in January to 1.3% from the previous month when it was at 1.4%, according to the preliminary estimates of the European Statistical Office Eurostat. Despite a slight slowdown, however, the growth remained above expectations of analysts predicting the rise in prices was 1.2%. The Euro depreciated

France Economy

France’s economy expands for fifth consecutive quarter

France’s economy expands for the fifth consecutive quarter, performing its best year since 2011. The economy growth received impetus after the election of the new President Emmanuel Macron and the favorable global trends that together stimulated confidence and investment. The France’s Gross Domestic Product grew by 0.6% in the three months to December 2017, coinciding

NAFTA negotiation

Renegotiation of NAFTA is moving slowly ahead

The participants in talks on renegotiation of the North American Free Trade Agreement (NAFTA) between Canada, Mexico and the US have made some progress. The US Resident Representative Robert Lighthizer spoke at a press conference in Montreal, where the sixth round of talks concluded, that progress was slow. “We finally started to discuss key issues,

Trump

The EU is ready to respond to US trade restrictions

The European Commission (EC) believes that everyone can benefit from trade policy, revealed the institution in the lunch briefing in Brussels. The commentary comes on the background of an interview with US President Donald Trump, who said on a weekend that the European Union (EU) is leading a “very dishonest” trade policy. “For us, trade

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