Economy News

Economy

Bold Reforms Essential for Reviving German Economic Growth, Says Bundesbank President

Deutsche Bundesbank President Joachim Nagel calls for structural reforms to revive the German economy, highlighting a period of weakness and the need for confidence-building econom...

Economy

Eurozone Inflation Hits 2.4% in December, Surpassing Previous Month's Rate

The Eurozone's inflation rate rose to 2.4% in December, up from 2.2% in November, with the EU's annual inflation reaching 2.7%. Romania, Hungary, and Croatia reported the highest r...

Economy

December Sees a Surge: UK Retail Sales Climb by 3.6% Year-on-Year

The UK's retail sales volumes saw a 3.6% increase in December compared to the previous year, according to the Office for National Statistics. This growth underscores the resilience...

Economy

Vietnam Aims for $8 Billion in Fruit and Vegetable Exports by 2025: A Strategic Leap

Vietnam targets an $8 billion export value in fruits and vegetables by 2025, following a strong performance in 2024. The country's produce has strengthened its position in over 60 ...

Economy

China's Industrial Sector Surges: December Production Jumps by 6.2%

China's industrial production witnessed a 6.2% increase in December, outperforming expectations and the previous month's growth, as per the National Bureau of Statistics. This grow...

Economy

Unexpected Surge: China's December Retail Sales Jump by 3.7%, Beating Forecasts

China's retail sales in December surged by 3.7% year-on-year, exceeding expectations and showing an increase from the previous month's 3%. This growth highlights the resilience of ...

Economy

China's Economy Surges: A 5.4% GDP Growth in Q4 Signals Robust Recovery

China's economy shows a robust recovery with a 5.4% GDP growth in the fourth quarter, driven by strategic government policies and stimulus measures. This growth highlights China's ...

Economy

Global Economic Growth to Remain Steady at 2.7% Through 2026, World Bank Predicts

The World Bank forecasts global economic growth to remain at 2.7% for 2025 and 2026, mirroring 2024's rate. Despite stability, this growth may not suffice for sustained development...