Economy : Page 8

Bahrain attracts record $1.7 billion in investments

February 21, 2024 Bahrain Economic Development Board (Bahrain EDB), supported by Team Bahrain, achieved a record level of investments upwards of $1.7 billion in 2023, marking a year on year increase of 55% compared to the $1.1 billion in investments generated by Bahrain EDB in 2022.

Trade between China and Brazil continues rise

February 20, 2024 Total trade between Brazil and China jumped 33 percent in January to US$12.83 billion, fuelled by a 53.7 percent increase in exports from Brazil to its top trade partner.

China keeps medium term lending facility at 2.5%

February 19, 2024 The People\'s Bank of China (PBOC) kept the rate of its medium term lending facility (MLF) at 2.5% on Sunday.

U.S. consumer sentiment inches higher in February

February 19, 2024 The University of Michigan released a report showing a slight improvement in sentiment in the month of February.

German economy sets to sink deeper into recession

February 16, 2024 Germany\'s Chamber of Commerce and Industry (DIHK) forecasted a decline in economic output of 0.5 percent for 2024 on Thursday, indicating the country\'s economy to slip deeper into recession.

Eurozone industrial output records strongest growth since August 2022

February 16, 2024 Industrial production both in the euro area and the EU in December 2023 registered their strongest growth since August 2022, according to Eurostat data.\r\n

Slovenia reports 1.6 pct economic growth

February 15, 2024 Slovenia\'s gross domestic product (GDP) grew by 1.6 percent year-on-year in 2023, the country\'s Statistical Office said.

Romania's inflation rise to 7.4 pct in January

February 15, 2024 Romania\'s annual inflation for January 2024 stood at 7.4 percent, up from 6.61 percent in December 2023, the National Institute of Statistics (INS) said.

Argentina records highest inflation in three decades

February 15, 2024 Argentina registered a year-on-year inflation rate of 254.2 percent in January, the highest in 32 years, according to data released Wednesday by the National Institute of Statistics and Censuses (INDEC).

China remains Germany's most important trading partner in 2023

February 15, 2024 China remained Germany\'s most important trading partner for the eighth year in a row in 2023, the Federal Statistical Office (Destatis) said.

Consumer prices in UK remained elevated

February 14, 2024 Consumer prices in the UK remained at an elevated level in January as housing and insurance costs jumped.

Romania keeps monetary policy at 7%

February 14, 2024 Romania\'s central bank (BNR), in its February 13 monetary board meeting, in line with the broad expectations, kept the monetary policy rate (chart) at 7%, according to the note published by BNR.