Economy News

Economy

Bank of Russia Holds Firm on High Interest Rates Amid Persistent Inflation Concerns

The Bank of Russia keeps its key interest rate at 21% to tackle inflation, aiming for a 4% target by 2026. Inflation is forecasted between 7%-8% for 2025, with current rates at 8.3...

Economy

Unexpected Dip in Canadian Retail Sales: A Closer Look at February's 0.4% Decline

Canada's retail sales fell by 0.4% in February, with core sales excluding certain sectors up by 0.5%. Motor vehicle sales dropped significantly, while gasoline sales saw a minor in...

Economy

Unexpected Dip: Canadian Retail Sales Slide 0.4% in February Amid Mixed Sector Performance

Canada's retail sales fell by 0.4% in February, with motor vehicle sales dropping sharply. However, core retail sales excluding volatile sectors rose by 0.5%, and March estimates p...

Economy

Bank of Russia Maintains Key Rates at 21% Amid Inflation Concerns and Economic Adjustments

The Bank of Russia keeps its key interest rates steady at 21%, aiming to curb inflation to 4% by 2026. Inflation forecasts for 2025 remain at 7%-8%, with Q1 averaging 8.3%. Challen...

Economy

Bank of Russia Holds Steady: Key Interest Rates Remain at 21% Amid Inflation Battle

The Bank of Russia keeps its key interest rates at 21% to fight inflation, aiming for a 4% target by 2026. Inflation forecasts remain unchanged, with high expectations and domestic...

Economy

Bank of Russia Holds Steady: Key Interest Rates Remain at 21% Amid Inflation Control Efforts

The Bank of Russia has decided to keep its key interest rates at 21%, aiming to control inflation and reach a 4% target by 2026 through tight monetary policies.

Economy

March Sees a Surprising 2.6% Surge in UK Retail Sales, Outpacing Expert Predictions

The UK's retail sales volumes surged by 2.6% in March 2025 year-on-year, outperforming analysts' forecasts. Monthly sales rose by 0.4%, with notable increases in textile clothing a...

Economy

Surprising 2.6% Surge in UK Retail Sales This March Beats Expert Forecasts

The UK's retail sales volumes rose by 2.6% in March compared to last year, exceeding analysts' expectations. Monthly figures also showed growth, with notable increases in textile, ...