economy

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One step away from recession: Europe shows minimal economic growth

One step away from recession: Europe shows minimal economic growth According to the consensus forecast, the eurozone economy is expected to grow at 0.2% and 0.3% Q/Q in Q1 and Q2 respectively

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Profits of Chinese industrial enterprises fell by 18% y/y in April

In January-April, the indicator decreased by 21.4% y/y

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The EC improved the EU GDP growth forecast in 2023 to 1%

EU GDP is expected to grow by 1.7% in 2024

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Industrial production in Germany decreased by 3.4% m/m in March

Analysts expected a decrease in the indicator by an average of 1.3%

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German GDP in the first quarter remained at the level of the previous quarter

Experts expected the country's economy to grow by at least 0.2% q/q

Industrial production in Ukraine decreased by 37% in 2022

The output of products at iron and steel enterprises suffered the most

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