US retail sales unexpectedly flat in April
U.S. retail sales were unexpectedly flat in April as higher gasoline prices pulled spending away from other goods, indicating that…
US consumer prices rise less than expected in April; core CPI slows
U.S. consumer prices increased less than expected in April, suggesting that inflation resumed its downward trend at the start of…
China says ‘bullying’ tariff hike shows some in US are ‘losing their minds’
A U.S. move to raise tariffs on Chinese goods is a sign of weakness, not of strength, and shows that…
Euro zone economy, employment expands by 0.3% in first quarter
The euro zone economy grew by 0.3% in the first quarter of the year, suggesting a slow recovery is now…
Jordan tenders to buy up to 120,000 metric tons wheat, traders say
Jordan’s state grain buyer has issued an international tender to buy up to 120,000 metric tons of milling wheat which…
German economic advisers cut 2024 growth forecast to 0.2%
The German Council of Economic Experts cut on Wednesday its forecasts for economic growth this year, postponing the expected recovery…
India’s GDP to expand at 6.6% in FY25; will fuel NBFCs’ growth: Moody’s
Moody’s Ratings on Tuesday said the Indian economy is projected to expand 6.6 per cent in the current fiscal year…
US business inventories fall in March
U.S. business inventories fell in March, but this could lay the ground for businesses to rebuild stocks and support economic…
EBRD sees Turkish growth slowing on tighter policy
The European Bank for Reconstruction and Development (EBRD) expects Türkiye’s economy to grow by 2.7 per cent in 2024, down…
EU executive sticks to Feb euro zone growth forecast for 2024, cuts inflation projection
The European Commission stuck on Wednesday to its February euro zone growth forecast for this year but said inflation was…