Economy News

Economy

Indonesia Launches $4.4 Billion Free Meal Initiative to Combat Child Malnutrition and Boost Economy

Indonesia's $4.4 billion free meal program, aimed at combating child malnutrition and stimulating economic growth, has quietly launched. Targeting 82.9 million beneficiaries by 202...

Economy

December Sees a Sharp Decline in Euro Area and EU Consumer Confidence

In December 2024, the euro area and EU saw a decline in consumer confidence, with indicators falling to negative 14.5 and 13.4 respectively. The Economic Sentiment and Employment E...

Economy

Eurozone Producer Prices See a 0.4% Rise in November: A Closer Look at the Economic Implications

Producer prices in the Eurozone and EU rose by 1.6% in November compared to October, but showed a decrease compared to November 2023, indicating a complex economic environment.

Economy

Economic Slowdown and Tight Auto Loans Lead to a 25% Drop in Thailand's Luxury Car Sales in 2024

Thailand's luxury car sales dropped by 25% in 2024 due to economic slowdown and stricter auto loan conditions. The decline also affected the pickup truck segment, marking the lowes...

Economy

Singapore's Cost-of-Living Support Scheme: Over 60% of Households Secure $220 Vouchers

Over 60% of Singaporean households have claimed $220 vouchers from a government support scheme aimed at easing the cost of living and supporting local businesses affected by the pa...

Economy

November Sees a 2.5% Surge in German Retail Sales Amid Holiday Shopping Trends

Germany's retail sales grew by 2.5% in real terms year-on-year in November, with a slight monthly drop. The rise in online and mail-order sales around "Black Friday" and "Cyber Mon...

Economy

November Sees a 5.4% Drop in German Factory Orders, Signaling Economic Slowdown

Germany's factory orders dropped by 5.4% in November, with a significant decline in foreign orders and a sharp fall in vehicle construction orders. Domestic orders saw a slight inc...

Economy

December Sees a Slight Dip in Japan's Consumer Confidence: What's Behind the Trend?

In December, Japan experienced a slight decrease in consumer confidence, raising questions about the factors affecting consumer sentiment and its implications for the economy. Anal...