The International Monetary Fund (IMF) thinks that ASEAN’s economic growth is unlikely to reach the pace of 2022 with an increase of 5.2%, but still emphasizes the “surprising speed” when China opens up again. back the economy. Specifically, the IMF lowered the economic growth forecast for the ASEAN region in 2023 from 4.5% (given in … Read more
Cold turkey from Russian gas Putin’s energy hammer hits Germany hardest By Hannes Vogel 01/31/2023, 6:40 p.m Russia’s master plan for the energy war with Europe is not working: instead of economic Armageddon, there is only a small winter recession. But there is only limited reason to breathe a sigh of relief: Germany will remain … Read more
Euro symbol in front of the European Central Bank (ECB) headquarters in Frankfurt am Main, Germany. (Photo: AFP/VNA) Eurostat statistics agency of the European Union (EU) on January 31 published official figures showing that the economy of the euro area uses the common currency (European currency).Eurozone) avoided a downturn this winter, after recording 0.1% growth … Read more
Customers shop at a supermarket in Lille, northern France. (Photo: AFP/VNA) France’s INSEE statistics agency on January 31 released preliminary data on Gross Domestic Product (GDP) showing that the economy recorded a growth of 0.1% in the fourth quarter of 2022, thanks to an increase in exports. . Economic growth of 0.1% in the fourth … Read more
People buy food at a market in Rome (Italy). (Photo: AFP/VNA) According to the results of a survey by S&P Global released on January 24, the euro area’s economy returned to growth for the first time in six months in January, sparking a surge hopes that the European economy will avoid a recession this winter. … Read more
Since Croatia became the 20th country to adopt the euro on January 1, traders have been accused of using the situation to their advantage to boost their profits. Some experts claim that stores round up prices denominated in euros or suddenly increase prices by up to 50%, instead of simply converting their prices using the … Read more
The annual inflation rate in the euro zone fell in December for the second consecutive month, to 9.2%, after 10.1% in November, thanks to the continued lull in energy prices, announced Eurostat on Friday. The rise in consumer prices fell below the symbolic bar of 10% for the first time since October, when it had … Read more
The rate of inflation slowed down Euro-zone In November, it was lower than the preliminary reading, which supports the European Central Bank’s hawkish plans to fight price pressures. Consumer prices in the 19-nation single currency area increased by 10.1% from a year earlier, according to Eurostat figures published on Friday. At the same time, it … Read more