The Hinrich Foundation has revealed the world’s most sustainable economies by 2025. The Sustainable Trade Index (STI) is an annual ranking of 30 selected global economies, developed in conjunction with the IMD World Competitiveness Center. The United Kingdom took first place in the 2025 ranking, after holding second place in 2023 and 2024. It is…
The price of gold on US exchanges reached another record high yesterday, exceeding $4,000 for the first time in history. According to analysts, the rise in the price of the precious metal in the US is associated with economic and political instability, the government shutdown, a decline in employment and persistent inflation. US gold futures,…
One of Germany’s largest financial institutions, Deutsche Bank, has increased its forecast for the gold price. According to the bank, the cost of one ounce is expected to reach $4,000 by 2026. It is worth noting that this forecast was previously set at $3,700. As the financial institution notes, the reason for such expectations is…
The European Central Bank said after its September meeting that consumer prices in the eurozone will increase by 2.1% in 2025 and by 1.7% in 2026. Three months ago, the regulator predicted the first indicator at 2%, and the second at 1.6%. Inflation in 2027 is expected to be 1.9%, compared with a previous forecast…
Germany’s inflation rate, measured by EU-harmonized standards, climbed to 2.1% in August compared to the same month last year, according to preliminary data released by Destatis, the Federal Statistical Office. The latest figures mark an acceleration from July’s inflation rate of 1.8%, breaking a trend of deceleration that had persisted since December 2022. The uptick…
Retail sales across the eurozone showed a modest uptick in June, rising by 0.3% compared to the previous month, according to fresh data released by Eurostat, the European Union’s statistical agency. The increase fell slightly short of analysts’ expectations, which had forecast a 0.4% gain, as per estimates compiled by Trading Economics. The latest figures…
Based on Eurostat data from 2022, Visual Capitalist calculated the average amount of pensions issued per pensioner per year in 35 European economies and identified the countries that spend the most on it. The article also provides the share of spending in gross domestic product (GDP). For reference, pension spending was determined by dividing the…
Retail sales across the eurozone declined at their steepest rate in nearly two years in May, reflecting growing economic concerns and a slowdown in consumer spending. The latest data, released by Eurostat, shows that seasonally adjusted retail sales fell by 0.7% in the eurozone compared to April, while the broader European Union experienced an even…
Global financial assets grew by 8.1% in 2024 to a record $305 trillion, according to the annual report of the international consulting company Boston Consulting Group (BCG). Strong stock markets and positive investor sentiment supported this. North America and the Asia-Pacific region remain the fastest-growing regions, with growth in US dollar terms of 14.9% and…
The International Monetary Fund (IMF) has warned of the threat of stagnation in the European economy due to trade conflicts and low domestic demand. The IMF’s April forecast for the eurozone economy provides for growth of only 0.8% this year, and the risks to this forecast are heavily skewed to the negative side, the fund…
