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The IEA has forecast an oil demand growth of 970,000 barrels per day (bpd) in 2024
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The BLS data also showed that consumer prices fell by 0.1 percent on a monthly basis
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In 2023, wealth growth across the world has recovered from its 3 percent contraction the previous year
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BOJ faces pressure to hike rates on its upcoming meeting
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Data showed that Asia was an outlier that registered inflows of $3.1 billion in H1 2024
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Primary income came to a 4.21 trillion yen surplus, the largest since comparable data became available in 1985
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5.91 million foreign workers are expected to be employed in Japan by 2040
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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
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The ministry will allocate 3.5 trillion won to AI chips, advanced biotech, and quantum tech
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The annual inflation rate accelerated to 2.9 percent in May from 2.7 percent in April
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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
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The assets of the banking sector reached 429.58 trillion yuan, up 8.1 percent YoY
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The SNB now expects inflation to be 1.3 percent in 2024, 1.1 percent in 2025, and 1 percent in 2026.
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The one-year LPR was kept at 3.45 percent, while the five-year LPR was maintained at 3.95 percent
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This marks the lowest annual increase in the consumer price index since mid-2021, in line with analysts' forecasts
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The country's trade deficit narrowed to $7.7 billion, down nearly 12 percent from a year earlier
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The Brazilian leader also noted that country's GDP grew by 2.5 percent in the last 12 months
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In 2019, Chinese tourists spent $248 billion abroad, accounting for 14 percent of global tourism spending
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Imports declined 2 percent year-on-year to $53.1 billion, resulting in a trade surplus of $4.96 billion
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In just two years, debit cards have surpassed cash as the preferred payment option among Spanish-speaking Latin Americans
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The CPI excluding volatile items and holiday travel stayed at an annual 4.1 percent
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This represents an 18.7 percent increase compared to the same period last year