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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.
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 contribution is aimed at supporting the implementation of the UN's 2030 Agenda for Sustainable Development
The Brazilian leader also noted that country's GDP grew by 2.5 percent in the last 12 months
The country's growth rate for 2024 has been revised up to 2.7 percent by research firm
The President of WTTC praised the UAE for their efforts in utilising travel and tourism to promote sustainable development
This reflects the continued recovery of the Asia and Pacific (APAC) region from the impacts of the COVID-19 pandemic
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
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
In just two years, debit cards have surpassed cash as the preferred payment option among Spanish-speaking Latin Americans
Q1 GDP growth was a sharp slowdown from Q4 2023's 3.4 percent pace
The CPI excluding volatile items and holiday travel stayed at an annual 4.1 percent
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
Data from the National Bureau of Statistics reported that this growth rate was the same as that registered in the first quarter
The trade balance has shown a surplus for 3 consecutive quarters, after a period of deficit from Q4 2021 to Q2 2023
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
In January 2023, the UAE agreed to roll over an existing $2 billion loan and provide an additional $1 billion to Pakistan
