On Thursday, Bloomberg reorted that Fitch is expecting Germany and Italy to slide into recession by year’s end, as inflation continues to rise. James McCormack,  the head of sovereigns and…

Official statistics released on Tuesday showed that in France and Spain, consumer prices began rising again in February, as higher food and energy costs drove prices back upward. Preliminary data…

According to the German Federal Statistical Office (Destatis), in the final three months of 2022, the German economy contracted by 0.4% quarterly. The report, released Friday, showed the contraction came…

On Wednesday, Germany’s Federal Statistical Office (Destatis), reported that the inflation rate increased 8.7% annually in January, and 1% month over month. The data confirmed provisional results which showed consumer…

European statistics agency Eurostat reported Friday that as the European union teeters on the edge of a recession, EU business insolvencies surged in the final three months of 2022, to…

On Friday, France’s statistics agency Insee reported that in January, consumer goods prices rose 6% year over year, increasing from 5.9% in December The rise in the consumer price index…

As double-digit inflation racks Spain and food costs rise ever higher, Ione Belarra, the Spanish social affairs minister has said the government needs to reduce prices for necessities by offering…

On Wednesday the British Office of National Statistics revealed that in January, UK inflation dropped by more than analysts had predicted, falling to 10.1% annually. It was the lowest reading…

A new study by Jonathan Haskel, a member of the Bank of England’s (BoE) Monetary Policy Committee notes that Brexit, the withdrawal of Britain from the European Union, has cost…

On Friday Chancellor of the Exchequer Jeremy Hunt warned Britain that the UK economy was not yet out of the economic woods, after data released by the Office for National…