Keywords: Energy costs
India has attracted more than $40 billion in foreign financial inflows in recent weeks, helping strengthen the country’s foreign exchange reserves as authorities intensify efforts to stabilize the rupee amid global market uncertainty and rising energy costs. According to data from the Reserve......
China's manufacturing sector unexpectedly returned to contraction in July, highlighting persistent challenges facing the world's second-largest economy as weak domestic demand and rising production costs continue to weigh on industrial activity. Official data released by the National Bureau......
The Italian government is set to introduce a new package of measures aimed at limiting the impact of soaring fuel prices, as rising energy costs place increasing pressure on households, businesses and the country's public finances. The proposals, expected to be approved by the cabinet in Rome, come......
Greek Prime Minister Kyriakos Mitsotakis has announced a government agreement with major oil refineries aimed at reducing gasoline and diesel prices for consumers during the summer period. The measure is designed to limit the impact of rising energy costs linked to renewed tensions in the Middle East,......
European Central Bank (ECB) policymakers have cautioned that inflationary pressures in the eurozone are likely to persist despite a recent decline in global oil prices, underscoring ongoing uncertainty about the trajectory of monetary policy in the region. Speaking at the ECB Forum in Sintra, Portugal......
India’s leading car manufacturer Maruti Suzuki India Ltd has reported a significant rise in demand for vehicles powered by compressed natural gas (CNG), following recent increases in fuel prices across the country. According to the company, bookings for its CNG models have increased by approximately......
British shop price inflation increased in May as retailers faced higher energy and transportation costs linked to international tensions and disruptions in global markets. According to data released by the British Retail Consortium, shop prices rose by 1.2% compared with the same period last year, slightly......
Inflation in Japan slowed in April despite ongoing concerns over rising energy prices and global economic uncertainty. According to official government statistics released on Friday, consumer inflation reached 1.4% year-on-year, compared with 1.8% recorded in March. The latest figures suggest that price......
The European Central Bank reported that the euro zone’s current account surplus narrowed significantly in March due to a sharp decline in the region’s trade surplus, reflecting ongoing economic pressures across Europe. According to the latest data, the seasonally adjusted current account......
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