Economy News

Economy

Italy Sees a Notable Rise in Inflation: March Figures Jump to 1.9% from 1.6%

Italy's inflation rate rose to 1.9% in March from 1.6% in February, with core prices and HICP showing significant increases, indicating underlying economic pressures.

Economy

Eurozone Inflation Dips to 2.2% in March: A Closer Look at the Numbers

Eurozone's inflation slightly decreased to 2.2% in March from 2.3% in February, with the EU's annual inflation at 2.5%. Romania had the highest inflation at 5.1%, while France the ...

Economy

Vietnam and China Strengthen Ties with Groundbreaking Railway and Road Cooperation Agreements

Vietnam and China have signed significant agreements on railway and road cooperation during Xi Jinping's state visit, aiming to enhance bilateral relations and facilitate cross-bor...

Economy

Fitch Warns: Rising US Tariffs Could Destabilize Asia-Pacific Banking Sectors in 2025

Fitch Ratings warns that new US tariffs could destabilize the Asia-Pacific banking sector by 2025, with South Korea, Taiwan, Thailand, China, and Hong Kong particularly at risk. Th...

Economy

UK Inflation Drops Unexpectedly to 2.6% in March, Defying Analyst Predictions

The UK's annual inflation rate unexpectedly fell to 2.6% in March from 2.8% in February, below analysts' forecasts, according to the Office for National Statistics. This developmen...

Economy

Significant Rise in Workers' Monthly Income to $320 in Q1: A Regional and Sectoral Analysis

The first quarter saw workers' average monthly income rise to $320, with growth across most regions and sectors. Urban areas and the agro-forestry-fishery sector showed significant...

Economy

China's Retail Sector Surges: March Sales Jump 5.9%, Outpacing Expectations

China's retail sales in March rose by 5.9% year-over-year, exceeding expectations and indicating a strong rebound in the retail sector. Urban and rural sales grew by 4.5% and 4.9% ...

Economy

US Expands Import of Vietnamese Fruits and Vegetables Amid Tariff Concerns

Despite new US tariffs, Vietnamese fruit and vegetable exports remain strong, with the US market showing potential for growth. Challenges include limited processing capabilities an...