Economy News

Economy

ECB Forecasts: Inflation to Reach Target by Mid-2025, Earlier Than Expected

The European Central Bank (ECB) forecasts inflation to return to target levels by mid-2025, earlier than previously expected. The council remains cautiously optimistic, emphasizing...

Economy

Thailand's Durian Exports to China Face Challenges Amid Carcinogen Concerns

Thai durian exports to China are under scrutiny due to carcinogen concerns, with shipments being rejected at Chinese checkpoints. This follows previous issues with cadmium contamin...

Economy

Eurozone's Trade Surplus Soars to €16.4B in November, Marking a Significant Monthly Increase

The Eurozone's trade surplus increased to €16.4 billion in November, up from October's €8.6 billion but down from November 2023's €18.2 billion. The EU's surplus was €14.3 billion,...

Economy

Italy's Trade Surplus Drops to €4.128 Billion in November: A Detailed Insight

Italy's trade surplus has decreased to €4.128 billion in November, indicating potential shifts in export volumes and global demand. This development raises important questions abou...

Economy

Italy's Inflation Holds Steady at 1.3%: A Closer Look at December's Economic Indicators

Italy's inflation rate remained steady at 1.3% in December, as reported by Istat. This stability mirrors November's figures, highlighting a period of economic consistency. Further ...

Economy

Unprecedented Surge in Gold Prices: What's Driving the Global Demand?

Gold prices have surged globally due to increased demand from emerging markets, political instability, and uncertainty over U.S. policies. Prices have risen significantly, with pro...

Economy

Germany's Inflation Climbs to 2.6% in December, Marking a Significant Increase

Germany's inflation rate increased to 2.6% in December, up from 2.2% in November, with the CPI rising 0.5% monthly. The annual inflation rate for 2024 was 2.2%, lower than the prev...

Economy

UK's Trade Deficit Widens to £10.8 Billion in November: A Closer Look

The UK's trade deficit surged to £10.8 billion in the three months to November, marking a £3.8 billion increase. This rise reflects ongoing economic challenges and the need for str...