indicators

Consumer Confidence Drops in February: Biggest Monthly Decline in Nearly 4 Years

1 month ago

In February 2023, there was a sharp decline in consumer confidence, marking the largest monthly drop in nearly four years. The Consumer Confidence Index, calculated by the Conference Board, decreased by 8.5 points from the previous month, indicating growing concerns among consumers about future economic conditions.

Hope for the Recovery of the U.S. Housing Market After a Difficult Season

7 months ago

The U.S. housing market has experienced one of its most challenging seasons in recent years; however, many experts believe that recovery is on the horizon, especially with the approach of spring. A gradual increase in economic activity, along with a rise in mortgage applications, instills optimism. This is linked to several factors, including a gradual decline in mortgage rates and increased housing accessibility for buyers.

Sweden Unveils $1.75 Billion Tax Breaks to Aid Households

7 months ago

The Swedish government has announced plans to introduce $1.75 billion in tax breaks aimed at assisting households facing rising living costs. This initiative comes in response to the economic challenges that the country has been experiencing due to global price hikes stemming from conflicts and shifts in world markets.

Unusual Situation: Weekly Inflation in Russia Turns Negative for the First Time in 18 Months

7 months ago

In Russia, a significant economic shift occurred as weekly inflation dropped to negative values for the first time in a year and a half. According to statistics from Rosstat, the weekly inflation rate from August 29 to September 4 was -0.02%. This figure represents the first decline in consumer prices in 18 months, raising curiosity and attention among experts and analysts.

Kazakhstan Halts Rate Cuts After Inflation Surges

7 months ago

In recent days, the Kazakh economy has focused on measures to stimulate growth; however, unexpected changes in inflation figures have forced the central bank to pause its interest rate cuts. It was announced yesterday that inflation in the country significantly accelerated in August, raising doubts about economic forecasts and plans for further easing of monetary policy.

Ireland Achieves Credit Rating Upgrade Due to Strengthening Public Finances

7 months ago

Ireland has been awarded a credit rating upgrade by Scope Ratings. This change is attributed to the improvement of public finances and the country's robust economic growth. Analysts from the agency noted that Ireland features a strong budget position, which is becoming increasingly evident amid global economic challenges.

Banks Gain Access to Key Jobs Revisions Data Amid Report Delay

7 months ago

According to recent reports, it has come to light that banking institutions have managed to obtain access to data concerning revisions of key employment indicators. This occurred against the backdrop of a delay in the publication of the official report, which was supposed to reveal the current state of employment in the country. This situation has become a matter of discussion among analysts and economists, who express concerns regarding the transparency of the data provided by the market.