October Sees a Surprising Decline in UK Industrial Production
The Office for National Statistics reports a 0.6% decline in UK production output for October, showing a 0.7% decrease year-on-year.
Economy News
Significant Drop in UK Trade Deficit: Key Insights from October Figures
The UK's total goods and services trade deficit dropped by £0.9 billion to £10.1 billion in the three months to October, according to the Office for National Statistics.
Germany's Trade Surplus Drops to €13.4 Billion in October
Germany's trade surplus dropped to €13.4 billion in October, down from September's €16.9 billion and €18.9 billion in October 2023. Exports and imports both saw changes, with signi...
UK Economy Faces a Minor Setback: 0.1% GDP Decline in October
The UK's GDP fell by 0.1% in October, with no growth in the services sector, a 0.6% decline in production output, and a 0.4% drop in construction output. Despite this, the economy ...
Top 10 Asian Cities for Expats to Work in 2024: Singapore Leads the Pack
Mercer's annual survey ranks Singapore as the top city in Asia for expats to work in 2024, followed by Tokyo, Yokohama, Osaka-Kobe, Nagoya, Hong Kong, Seoul, Dubai, Taipei, and Abu...
Japan's Industrial Production Surges in October: Insights and Trends
Japan's industrial production index reached 107.8 in October, up by 1.4% year-on-year, following a 2.6% drop in the previous month. The monthly increase of 2.8% is supported by a r...
Lee Jae-myung Convenes Emergency Meeting with Business Leaders to Address Economic Crisis
Lee Jae-myung, leader of the Democratic Party of Korea, holds an emergency meeting with economic leaders to address current economic challenges and political uncertainties affectin...
Won-Dollar Exchange Rate Surge Drives Import Price Index Upward for Second Month
South Korea's import price index rises for the second consecutive month due to a surge in the won-dollar exchange rate, despite a drop in international oil prices. The Bank of Kore...
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