202306.17
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Beyonce Effect: Singer’s Tour Spurs Inflation Increase in Sweden

Beyonce Effect has been affected due to Inflation in Sweden, which rose to 9.7% in May, marking the first time in six months that the indicator fell below the double-digit threshold. However, it still surpassed the expectations of experts, causing concerns within the economic landscape. Danske Bank economists have identified an unexpected factor influencing inflation:…

202305.28
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EU and US Collaborate to Restrict Investing in China

The EU and the US are reportedly strengthening their partnership to mitigate the potential risks associated with investing in China especially sensitive technologies. This collaborative effort comes in response to growing concerns over China’s economic practices and the need to adapt to an evolving geopolitical landscape. As the EU prepares to present its economic security…

202305.19
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Inflation in EBRD Regions in March Was 14.3%

According to the latest Regional Economic Prospects of the European Bank for Reconstruction and Development (EBRD), early estimates of quarterly gross domestic product (GDP) growth in 2022 are preliminary and may be revised. “Inflation may be on the decline, but it remains in double digits in more than three-quarters of the countries where we operate….

202305.12
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IMF Projects Modest Economic Growth and Elevated Inflation for Eurozone

The International Monetary Fund (IMF) has released its latest forecast for the global economy, indicating a slightly lower economic growth outlook for the Eurozone in 2023. According to the IMF’s April estimate, the projected economic growth rate for the Eurozone stands at 0.8%, while the expected level of inflation is 5.3%. The IMF’s global economic…

202304.23
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Car Sales in the EU Increased by 29% in March

Car sales in the European Union increased by 28.8% to 1.088 million units in March compared to the same month last year. The information has been published by the European Automobile Manufacturers Association (ACEA). Last month, all the largest markets of the European Union showed double-digit sales growth: Spain – 66.1%, Italy – 40.7%, France…