Economy News

Economy

Eurozone Industrial Production Surges in February: A Detailed Look at the Growth

Eurozone's industrial production rose by 1.1% in February, with the EU seeing a 1% increase. Ireland, Belgium, and Luxembourg recorded the highest gains. Sectoral performance varie...

Economy

German Economic Outlook Dims in April: ZEW Survey Reveals Shifting Sentiments

The ZEW Economic Sentiment Index shows a decline in German economic confidence in April, reflecting concerns over global uncertainties and market conditions. Experts analyze the po...

Economy

France's Inflation Holds Steady at 0.8% in March, Service Prices Lead the Rise

France's inflation rate was confirmed at 0.8% in March, with service prices rising by 2.3% and energy prices falling by 6.6%. Core inflation remained steady at 1.3%, showing econom...

Economy

Trade Tensions Lead IEA to Slash 2024-2025 Oil Demand Forecast

The IEA has marginally downgraded its oil demand growth forecast for late 2024 and early 2025 to around 1.2 mb/d, attributing the adjustment to emerging trade tensions following th...

Economy

France's Inflation Holds Steady at 0.8% in March: A Closer Look at the Economic Indicators

France's inflation rate was confirmed at 0.8% in March, with service prices rising by 2.3% and energy prices falling by 6.6%. Core inflation, excluding food and energy, stayed at 1...

Economy

France's Inflation Holds Steady at 0.8% in March Amid Rising Service Prices

France's annual inflation rate was confirmed at 0.8% in March, with service prices rising by 2.3% and energy prices falling by 6.6%. Core inflation remained stable at 1.3%.

Economy

UK Unemployment Holds Steady at 4.4% Amid Economic Uncertainties in February

The UK unemployment rate remained steady at 4.4% for the second consecutive month in February, matching analysts' expectations. This stability comes amid broader economic uncertain...

Economy

Vietnamese Prime Minister Calls for COMAC's Support in Elevating Vietnam's Aviation Sector

Vietnamese Prime Minister Pham Minh Chinh met with COMAC's chairman to discuss enhancing Vietnam's aviation industry through bilateral cooperation, including investments in infrast...