Economy News

Economy

Eurozone Construction Sector Sees a 1.2% Growth in November, Signaling Economic Resilience

The Eurozone's construction sector showed a 1.2% increase in November 2024, with the EU also recording a 1.3% rise. Specialized construction activities led the growth, signaling ec...

Economy

December Sees Stability in Swiss Producer and Import Prices: A Detailed Analysis

The Swiss Producer and Import Price Index remained unchanged in December, with specific sectors like cocoa and chocolate products seeing notable increases. Annual comparisons revea...

Economy

Germany's Producer Prices See a 0.8% Rise in December: A Closer Look at the Numbers

German producer prices increased by 0.8% in December, marking the second consecutive annual rise since June 2023. Capital goods and machinery costs saw significant increases, while...

Economy

Vietnam's Cashew Exports to the US Skyrocket: A Record $1 Billion in 2024

Vietnam's cashew exports to the US hit a record $1 billion in 2024, marking a 30% increase from the previous year. Despite challenges like reliance on imports and climate change, t...

Economy

South Korea's GDP Growth Forecast for 2025 Adjusted Downward Amid Political Uncertainties

The Bank of Korea has revised its 2025 GDP growth forecast downward to 1.6-1.7%, citing political uncertainty and government budget cuts as key factors. Efforts to stabilize econom...

Economy

South Korea's Economic Outlook Dims: Employment Slump and Rising Pressures Highlighted in Latest Green Book

South Korea faces a significant employment slowdown and increased economic pressures, as highlighted in the latest Green Book. The government shifts its focus towards employment ov...

Economy

Japan's Industrial Production Sees a 2.2% Dip in November, Signaling Economic Challenges Ahead

Japan's industrial production index fell by 2.2% in November, with shipments and inventories also declining, highlighting potential economic challenges. The inventory ratio, howeve...

Economy

China's Central Bank Holds Steady: Key Interest Rates Remain Unchanged Amid Economic Shifts

The People's Bank of China has kept its benchmark interest rates unchanged, with the 1-year and 5-year Loan Prime Rates remaining steady at 3.10% and 3.60%, respectively. This deci...