Economy : Page 33

Finland's economy to slip into recession

August 30, 2023 Finland\'s economy is projected to enter a moderate recession within the next 12 months, according to a recent forecast by OP Financial Group (OP), one of the largest financial companies in Finland.

Vietnam attracts more foreign investment in eight months

August 29, 2023 Vietnam attracted an estimated foreign investment of nearly 18.15 billion U.S. dollars in the first eight months of this year, up 8.2 percent year on year, according to the country\'s Ministry of Planning and Investment on Tuesday.

Fitch affirms New Zealand's AA+ credit rating

August 29, 2023 New Zealand Finance Minister Grant Robertson on Tuesday welcomed the affirmation of the country\'s AA+ credit rating by Fitch, the credit rating agency.

EU trade balance back to surplus of €1 billion

August 29, 2023 In the second quarter of 2023, after six quarters of registering a deficit, the EU trade balance was back to a surplus level due to declining energy prices.

U.S. inflation remains too high

August 28, 2023 US Federal Reserve Chair Jerome Powell on Friday said inflation remains too high and the central bank is prepared to raise interest rates further.

Kuwait non-oil growth stays robust

August 25, 2023 Kuwait\'s oil GDP growth is expected to decline in 2023 due to oil production cuts, but non-oil GDP growth would stay robust, driven by domestic demand, and is foreseen to remain steady over the medium term, says an IMF report.

Germany's GDP almost flat

August 25, 2023 The gross domestic product did not continue to fall (0.0%) in the second quarter of 2023 compared with the first quarter of 2023 after adjustment for price, seasonal and calendar variations.

UK SMEs poised to drive employment growth, expected to hire 3.5 million people this quarter

August 24, 2023 UK small and medium sized businesses (SMEs) could help bolster employment by hiring as many as 3.5 million people this quarter, with businesses that anticipate employee growth planning to hire eight new recruits on average before the end of September.

Montana’s unemployment rate below 3% for 21st consecutive month

August 23, 2023 Governor Greg Gianforte announced Montana’s unemployment rate in July is below 3% for the 21st consecutive month.

Zero growth for Norwegian economy in Q2

August 23, 2023 Gross domestic product (GDP) for Mainland Norway had no growth from the first to the second quarter of 2023, measured in fixed prices.

Zimbabwe's monthly inflation at minus 6.2 percent in August

August 22, 2023 Zimbabwe\'s inflation remains in the negative margin at minus 6.2 percent in August, up by 9.1 percentage points from the previous month, the Zimbabwe National Statistics Agency (ZIMSTAT) said.

Producer prices down in Germany for first time since November 2020

August 22, 2023 The producer prices of industrial products were 6.0% lower in July 2023 than in July 2022.