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Russia reduced forecasts for additional oil and gas revenues by 767 billion roubles to 1.05 trillion roubles

Until this month, Eurozone inflation had been steadily declining towards the ECB's 2 percent target

The labor market remains an uneven playing field, particularly for women

Luxemburg is the country with the highest GDP per capita PPP of $143,740 in 2024

Q1 GDP growth was a sharp slowdown from Q4 2023's 3.4 percent pace

Unemployment in the region's labor market to remain stable at 4.2 percent in 2024 and 2025

The CPI excluding volatile items and holiday travel stayed at an annual 4.1 percent

Asia-Pacific and European airlines lead growth in demand

China's economy saw robust 5.3 percent growth in Q1 driven by strong exports

Consumers' 12-month inflation expectations rose to 5.4 percent from 5.3 percent in April

Despite positive outlook, companies were less satisfied with their current business situation

ECB officials recently agreed a new framework for how to run policy in the future

Countries agreed to support discussions to speed up negotiations for a trilateral free-trade agreement

The manufacturing and processing sector grew by 6.3 percent, contributing 5.5 percentage points to the overall increase

This represents an 18.7 percent increase compared to the same period last year

Yen weakness fuels speculation of early BoJ rate hike

Eurozone to likely grow at a rate of 0.3 percent during the second quarter

The country's foreign exchange reserves rose by $5.3 billion, or 0.9 percent, from May 10 to May 17

In January 2023, the UAE agreed to roll over an existing $2 billion loan and provide an additional $1 billion to Pakistan

34 percent of CEOs identify AI as the top theme for business tranformation

The country has maintained robust foreign exchange reserves, low public debt and a prudent fiscal position

Consumer price inflation came in higher than expected at 4.0 percent in the first quarter of the year

Services inflation eased only slightly to 5.9 percent from 6 percent, missing the 5.5 percent forecast

Italy's economic activity expanded 0.9 percent in 2023 and 0.6 percent in Q1 of 2024