Remittance Costs
A tracked flows dataset for our global economy coverage: what it measures, where the figures come from and when they were last checked.
Kärcher CEO warns Europe faces deindustrialisation 'perfect storm'
Hartmut Jenner, CEO of German manufacturer Kärcher, states deindustrialisation is actively eroding Europe's industrial base due to unfair Chinese...
France's private sector contraction drags eurozone growth to four-month low
France's private sector returned to contraction in October, ending a brief expansion and pulling the eurozone's overall business activity growth to...
US CPI Inflation Surges on Energy Prices, Pressuring Fed
US inflation accelerated to 3.7% annually in September, driven by a sharp spike in energy and gasoline costs, reinforcing expectations for further...
India's inflation hits 22-month high, RBI holds rates
India's retail inflation surged to 5.54% in September, driven by soaring food and transport costs, prompting the central bank to maintain a hawkish...
Soaring Treasury Yields Threaten Consumer Spending
A sharp spike in U.S. Treasury yields, driven by inflation fears and weak auction demand, is pushing borrowing costs higher for consumers and...
UK inflation hits 3.1% as fuel costs surge
UK inflation accelerated to 3.1% in August, driven by a sharp 23% annual rise in motor fuel prices. The data comes ahead of a Bank of England policy...
Euro zone inflation hits 3.3%, ECB hike seen
Eurostat reports euro zone inflation jumped to 3.3% in August, driven by energy costs, making an ECB interest rate increase highly probable next week.
Ship transfers boost Hormuz oil flows
Oil shipments through the Strait of Hormuz have increased in recent days, reaching an estimated 15-16 million barrels daily, as producers use...
US intensifies financial pressure on Iran
The US is intensifying efforts to economically isolate Iran, pressuring the UAE to restrict Iranian trade and financial flows through Dubai.
US Budget Deficit Surges to Highest Level Since March 2021
The US budget deficit hit $432.3 billion in July, its highest monthly level since March 2021, driven by Medicare costs and interest on the federal...
AI Build-Out Complicates Fed's Inflation Fight
The build-out of artificial intelligence is causing near-term inflation and posing a dilemma for the Federal Reserve, as the costs of implementing AI...
Wholesale Prices Remain Flat in July, Below Expectations
The Bureau of Labor Statistics reported that wholesale costs for goods and services were unchanged in July, contrary to forecasts of a 0.2% increase.