Economy : Page 4

Albania's FDI inflow hits record high in 2023 despite slower growth

March 27, 2024 Albania experienced a notable surge in foreign direct investment (FDI) in 2023, reaching a record 1.49 billion euros (approximately 1.62 billion U.S. dollars), the central bank said.

Hungary's Economy Minister puts 2024 GDP growth at 2-3%

March 27, 2024 National Economy Minister Márton Nagy said the government expected GDP growth to reach 2-3% this year, presenting a strategy to boost the country\'s competitiveness on Monday, according to a report by state news wire MTI.

Key regions for inland waterway freight transport in EU in 2022

March 26, 2024 In 2022, 965 million tonnes of freight were handled, i.e. loaded and unloaded, in the EU by inland waterways.

Sentiment in German export industry markedly brighter

March 26, 2024 The ifo Export Expectations rose to -1.4 points in March, up from -7.0 points in February.

Brazil: Federal collection grows 12.3% and is highest for February in 30 years

March 22, 2024 In February 2024, the Federal Government\'s revenue reached R$ 186,522 billion, a real increase (discounted for inflation) of 12.27% compared to the same month last year.

New Zealand economy slips into recession

March 21, 2024 New Zealand\'s economy had the second consecutive quarter of contraction in the fourth quarter of 2023, which met the technical definition of a recession.

South Africa's inflation heats up

March 21, 2024 South Africa\'s consumer inflation increased in February, with the Consumer Price Index (CPI) rising to 5.6 percent from 5.3 percent in January, data released by the Statistics South Africa (Stats SA) showed Wednesday.

Federal Reserve leaves interest rates unchanged

March 21, 2024 The Federal Reserve announced on Wednesday that it would leave US interest rates at a 25-year high as it continues to assess their impact on cooling inflation and the wider economy.

UK inflation drops to 3.4 pct

March 21, 2024 The consumer prices index (CPI) in the United Kingdom dropped to 3.4 percent in the 12 months to February, the British Office for National Statistics (ONS) said.

Irish exports jump 22% as pharmaceuticals rebound

March 18, 2024 Irish exports jumped 22% in January when compared to the same month of 2023, according to the Central Statistics Office.

Industrial production posts strong decline in EU, eurozone in January

March 14, 2024 Industrial production dropped sharply in the EU and eurozone in January, the 27-member bloc\'s statistical authority said on Wednesday.

UK economy returns to modest growth at start of 2024

March 13, 2024 Britain’s economy returned to growth in January after entering a shallow recession in the second half of 2023.