economy

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Eurozone and EU GDP grew by 0.3% q/q in Q2

Compared to the same period in 2023, the indicator increased by 0.6% in the Eurozone and by 0.7% in the EU

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China’s macroeconomic indicators showed a downward trend in the first half of the year

In the country during the specified period, the volume of steel smelting fell amid decrease in the margins of steel plants

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German government has proposed an economic growth initiative

The BDI industry association notes that the economic package provides only modest incentives

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ECB leaves key interest rates unchanged

The regulator expects inflation to remain above target over the next year

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Eurozone inflation slowed to 2.5% in June

The indicator increased in accordance with the forecast of analysts

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The World Bank forecasts global GDP growth of 2.6% y/y in 2024

In 2025-2026, growth will accelerate to 2.7% y/y

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European Central Bank cuts key interest rates

The base rate for loans will be 4.25%, the rate for deposits will be 3.75%

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Germany is losing its status as the engine of the EU economy

High lending rates and weak demand are dragging down the EU's largest economy

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IMF forecasts global economic growth of up to 3.2% in 2024-2025

The forecast for global growth five years from now is the lowest in decades

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ECB left three key interest rates unchanged

The NBU signals that the slowdown in inflation will allow it to ease monetary policy

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The Ministry of Economy prioritizes support for national producers

Domestic production will improve Ukraine's self-sufficiency in goods and reduce dependence on foreign markets

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ECB may start cutting interest rates in June

The decline will occur if the economic forecasts for the coming months come true

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