Economy News

Economy

ECB's Olli Rehn Predicts Eurozone Inflation to Stabilize at 2% Target by 2025

Olli Rehn of the ECB forecasts Eurozone inflation stabilizing at 2% by 2025, citing economic growth and a slowdown in wage inflation. The ECB plans to reassess its monetary policy ...

Economy

ECB's Muller Signals Easing Price Pressures, Hints at Future Rate Adjustments

Madis Muller of the ECB discusses the fading momentum of price increases in the euro area, justifying the recent rate cut and hinting at further adjustments. He remains optimistic ...

Economy

Japan's Industrial Output Sees a Slight Increase in December Despite Annual Decline

Japan's industrial production index saw a 0.3% increase in December, reaching 102.1, despite a 1.1% decline compared to the previous year. Shipments increased monthly but decreased...

Economy

Japan's December Retail Sales Dip by 0.7%, Yet Annual Figures Show Promising Growth

Japan's retail trade saw a 0.7% decrease in December, but annual figures show a 3.7% increase in sales value, with wholesale industry sales also growing by 3.5% year-on-year.

Economy

Surprising Spike: Tokyo's Inflation Jumps to 3.4% in January

Tokyo's Ku-area experiences an unexpected rise in the annual inflation rate to 3.4% in January, with core CPI also seeing a slight increase, according to the latest report from the...

Economy

Japan's December Retail Sales Dip by 0.7%, Yet Annual Figures Show Promising Growth

Japan's retail trade fell by 0.7% in December to ¥16.1 trillion, yet annual sales increased by 3.7% to ¥57.2 trillion, with wholesale sales up 3.5% year-on-year.

Economy

Novartis Reports Stellar 15% Surge in Q4 Net Sales, Reaching $13.15 Billion

Novartis AG reported a 15% increase in Q4 net sales to $13.15 billion, with a 7% rise in net income to $2.82 billion. The company's full-year net sales reached $50.32 billion, up 1...

Economy

Trump Announces Sweeping 25% Tariffs on Mexico and Canada, Sparks Trade War Fears

President Trump announces 25% tariffs on imports from Mexico and Canada, effective February 1, prompting fears of a trade war. Both countries plan retaliatory measures, while Mexic...