In October 2024, inflation in the Eurozone increased to 2%, rebounding from a three-year low of 1.7% in September.

Despite the reported growth, uncertainty looms as companies remain hesitant to invest and consumers are reluctant to spend, even with rising wages.

The unemployment rate has remained steady at 6%, but year-on-year comparisons reveal an increase of 183,000 individuals, indicating a deteriorating job market.

Overall, the economies of Eurozone countries are exhibiting signs of fragility, raising concerns about long-term stability.

Economists caution that while there are signs of life in the economy, a full recovery is unlikely due to persistent structural weaknesses.

In the U.S., presidential candidate Donald Trump has proposed significant tariffs on imports, warning of heavy repercussions for Europe if elected.

Looking ahead, the Deutsche Industrie- und Handelskammer anticipates stagnation for Germany's economy in 2025, based on a survey of 25,000 companies.

Despite this inflationary rise, the Eurozone's economy showed unexpected growth, as economists had predicted a 0.1% decline in GDP.

Chancellor Olaf Scholz has proposed a 'Pact for Industry' to stimulate the economy, following discussions with business and labor representatives.

However, structural issues such as high energy prices and bureaucratic hurdles continue to challenge the German economy, prompting government action amid coalition disagreements.

Germany has not experienced real economic growth since 2018, reflecting a zigzag economic trajectory marked by political instability and investment hesitance.

Volkswagen, Germany's largest manufacturer, reported a staggering 42% drop in operating profit, underscoring the struggles within the automotive sector.