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Core inflation, excluding food and energy, held steady at 2.9 percent despite overall inflation rising
Despite the surge in cargo volume, sea freight rates have been declining across all routes since the end of July
Intra-euro area trade fell 5.9 percent in the first half of 2024, reaching EUR1,303.8 billion
This growth rate represents the largest increase since the first quarter of 2021
The total number of employed and self-employed individuals rose to 46.1 million
Fed rate cut likely as inflation continues to decline
Energy prices fell 1.7 percent YoY, while food prices rose 1.3 percent
The country's exports rose 6.7 percent year-on-year to 14.26 trillion yuan during the period
Goldman Sachs analysts have increased their 12-month U.S. recession odds by 10 percentage points to 25 percent
Booking.com will appeal the "unprecedented" decision, arguing it offers valuable programs to support accommodation partners
The eurozone's service sector inflation declined to 4 percent from 4.1 percent in June
Germany, Eurozone's biggest economy, unexpectedly contracted 0.1 percent in Q2
Exports reached €19.8 billion ($21.5 billion), mainly due to increased prices of olives and olive oil
The agreement aims to build trust, ensure predictability for businesses, and remove barriers to digital trade
However, global demand growth is expected to fall below 2 percent year-over-year in the second half of 2024
14.64 million foreign nationals entered China through various ports during the first six months of the year
Real GDP grew by 1.1 percent in 2023, supported by net exports, while consumption remained weak
In 2023, wealth growth across the world has recovered from its 3 percent contraction the previous year
Data showed that Asia was an outlier that registered inflows of $3.1 billion in H1 2024
Inflation in Europe's largest economy had already slackened to 2.3 percent in March, its lowest level since June 2021
Photovoltaic systems generated more than 10 billion kilowatt hours of electricity in one month for the very first time in June
The deal calls for taxing farmers 300 Danish crowns ($43.16) per ton of CO2 in 2030, increasing to 750 crowns by 2035
GDP grew by 0.8 percent sequentially, a faster pace than the 0.7 percent growth seen in the fourth quarter of 2023
While the ECB must ensure inflation returns to 2 percent, it shouldn’t overly dampen economic activity with interest rate cuts
