Economy : Page 4

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.

Norway's economy projected to grow 0.8 pct in 2024

March 12, 2024 Norway\'s economy is expected to grow by 0.8 percent in 2024 and reach 2.1 percent in 2025, Finance Minister Trygve Slagsvold Vedum said in a statement on Monday.

Georgia state February net tax revenues fall 4.3%; adjusted YTD down 3.1%

March 12, 2024 The State of Georgia’s net tax collections in February totaled more than $2.03 billion, for a decrease of $92.3 million or 4.3 percent compared to FY 2023, when net tax collections totaled $2.12 billion for the month.

S&P downgrades Ukraine's rating to "CC" with negative outlook

March 11, 2024 The S&P Global Ratings international rating agency has downgraded the long-term sovereign foreign currency credit rating of Ukraine from \"CCC\" to \"CC,\" with a negative outlook, Ukrainian media reported, citing the S&P report.

Hungarian-American bilateral trade set new record in 2023

March 11, 2024 The foreign minister noted that the United States is Hungary’s biggest export market outside the European Union.

Japan revises Q4 economy to 0.4-pct growth

March 11, 2024 The Japanese government on Monday revised its gross domestic product (GDP) to an annualized 0.4 percent growth in the last quarter of 2023, reversing its preliminary reading of recession.

New York recovers 100% of jobs lost during pandemic

March 8, 2024 New York State Department of Labor data said a total statewide private-sector job count was 8,346,200 jobs, the highest level on record.