Economy News

Economy

European Central Bank Reports Rise in 1-Year Inflation Expectations to 2.8%

The European Central Bank's December 2024 survey indicates a rise in 1-year inflation expectations to 2.8%, with stable long-term inflation and economic growth forecasts. Unemploym...

Economy

December 2024 Sees a 1.1% Surge in Italian Producer Prices: A Closer Look

In December 2024, Italy's Producer Price Index rose by 1.1% year-on-year, with the wood, paper, and printing industry leading the growth. The refined petroleum products sector, how...

Economy

ECB's Muller Signals Fading Price Increase Momentum, Eyes Future Rate Cuts

ECB's Madis Muller discusses the recent interest rate cut, signaling a fading momentum in price increases and a strategic move towards economic recovery. With inflation targets in ...

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...