Tag: shrinkage

Italy’s finance ministry expects the economy to contract in the third quarter and continue for the next two quarters.

The latest forecasts from the Italian Ministry of Finance showed that the Italian economy could contract in the third quarter of the year and...

Confirmation that the US economy contracted 0.6 percent in the second quarter

Official data confirmed that the US economy contracted 0.6 percent year on year in the second quarter, in line with the previously announced second...

The UK unemployment rate fell to 3.6% at the end of July.

The UK unemployment rate fell in the three months to July to 3.6% year on year, the lowest level in 48 years, the Office...

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