Economy News

Economy

US Natural Gas Storage Sees Significant Weekly Increase, EIA Reports

The Energy Information Administration reports a 56 billion cubic feet increase in US natural gas storage for the week ending August 8, with stocks also rising above the five-year a...

Economy

Vietnam Emerges as a Global Leader in Electric Motorbike Sales, Ranking Third Worldwide

Vietnam ranks third globally in electric motorbike sales, with the market size doubling year-on-year. VinFast leads locally and is among the top 10 worldwide, with significant sale...

Economy

After Half a Year of Decline, Import Prices Surge Amid Strong Dollar and Rising Oil Costs

Import prices have increased for the first time in six months, driven by a stronger dollar and higher international oil prices. The Bank of Korea reports a 0.9% rise in the import ...

Economy

France's Inflation Rate Holds Steady at 1% in July: A Deep Dive into the Numbers

France's inflation rate remained steady at 1% in July, with food prices rising and energy prices falling. The core inflation rate was 1.5%, and the HICP showed growth both year-on-...

Economy

UK Industrial Production Sees a 0.7% Rise in June, Marking a Positive Shift in Economic Landscape

The UK's industrial production rose by 0.7% in June, with electricity and gas leading the growth. However, a quarterly comparison shows a slight decline, highlighting mixed economi...

Economy

UK's Trade Deficit Soars to £9.2 Billion in Q2 Amid US Tariffs and Global Economic Shifts

The UK's trade deficit widened to £9.2 billion in Q2 2025, with a significant increase in the goods trade deficit and a notable impact from US tariffs on exports. The services surp...

Economy

Swiss Economy Sees a Slight Dip: Producer and Import Prices Fall by 0.2% in July

The Swiss Producer and Import Price Index declined by 0.2% in July, with notable decreases in watches and medical equipment prices, while crude oil and natural gas costs rose. Annu...

Economy

UK Economy Shows Resilience with a 0.3% GDP Growth in Q2 2025, Surpassing Expectations

The UK's GDP grew by 0.3% in Q2 2025, surpassing expectations with the services and construction sectors leading the way. Despite a slight contraction in production, the economy sh...