Economy News

Economy

Switzerland Sees a Dip in Inflation Rate to 0.4% in January, Matching Forecasts

Switzerland's inflation rate decreased to 0.4% in January, down from 0.6% in December, aligning with analysts' forecasts. The CPI saw a monthly decline due to lower prices in sever...

Economy

South Korea's Money Supply Surges for the 19th Month: A Deep Dive into the Economic Implications

South Korea's money supply has grown for the 19th consecutive month, reaching 4,183.5 trillion won in December 2024. This growth, driven by domestic asset market volatility, has se...

Economy

Vietnam Aims for Ambitious 8% GDP Growth: A Bold Step Towards Prosperity

Vietnam's Ministry of Planning and Investment proposes an 8% GDP growth target for 2025, with some areas aiming for 8-10%. The plan includes adjusting the budget deficit to 4-4.5% ...

Economy

Unexpected Surge: Japan's Producer Prices Jump 4.2% in January, Outpacing Forecasts

Japan's producer price index (PPI) rose by 4.2% in January year-on-year, surpassing expectations. Monthly PPI increased by 0.3%, with export prices growing by 0.8% annually. Import...

Economy

US Inflation Climbs to 3% in January, Surpassing Market Expectations

The US annual inflation rate rose to 3.0% in January, exceeding market expectations and December's 2.9%. The CPI increased by 0.5% month-on-month, with energy and food prices contr...

Economy

Trump Accuses Biden Administration for Escalating US Inflation Rates

Former President Donald Trump blames Joe Biden's administration for the recent increase in US inflation to 3% in January. The White House counters by critiquing Trump's economic po...

Economy

Mexico Plans Diplomatic Push Against US Steel and Aluminum Tariffs

Mexican President Claudia Sheinbaum announces a plan to communicate with the White House, aiming to reverse the US's 25% tariff on steel and aluminum imports by highlighting the US...

Economy

UK's Disinflationary Path: Insights from BoE's Megan Greene on Economic Challenges

Megan Greene of the Bank of England discusses the UK's disinflationary process, acknowledging progress but highlighting economic challenges, including stagnant GDP growth, deterior...