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Inflation in Europe's largest economy had already slackened to 2.3 percent in March, its lowest level since June 2021
Retail sales and facility investment also lost ground during the same period
The ministry will allocate 3.5 trillion won to AI chips, advanced biotech, and quantum tech
The annual inflation rate accelerated to 2.9 percent in May from 2.7 percent in April
GDP grew by 0.8 percent sequentially, a faster pace than the 0.7 percent growth seen in the fourth quarter of 2023
The manufacturing sector attracted 28.4 percent, or 117.1 billion yuan, of the total FDI inflow
The assets of the banking sector reached 429.58 trillion yuan, up 8.1 percent YoY
The SNB now expects inflation to be 1.3 percent in 2024, 1.1 percent in 2025, and 1 percent in 2026.
The one-year LPR was kept at 3.45 percent, while the five-year LPR was maintained at 3.95 percent
This marks the lowest annual increase in the consumer price index since mid-2021, in line with analysts' forecasts
The country's trade deficit narrowed to $7.7 billion, down nearly 12 percent from a year earlier
The Brazilian leader also noted that country's GDP grew by 2.5 percent in the last 12 months
In 2019, Chinese tourists spent $248 billion abroad, accounting for 14 percent of global tourism spending
Imports declined 2 percent year-on-year to $53.1 billion, resulting in a trade surplus of $4.96 billion
In just two years, debit cards have surpassed cash as the preferred payment option among Spanish-speaking Latin Americans
The CPI excluding volatile items and holiday travel stayed at an annual 4.1 percent
This represents an 18.7 percent increase compared to the same period last year
Higher crude oil prices and a sharp drop in the value of the yen boosted the cost of imports, offsetting robust growth in exports
The projected inflation rate for 2024 has been revised upwards to 3.70 percent
Inflation remains the most important concern when operating a small business in the U.S.
An Education Task Force will be also established to promote cooperation in higher education
Samsung seeks to integrate Google's second-gen Gemini Nano AI into Galaxy S25 smartphones
The "Acredita" program helps provide microcredit to CadUnico registrants, enabling access to social programs like Bolsa Familia
Median house price jumps to seven-month high, rising 7.4 percent YoY in Q1