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Bloomberg
05-06-2025
- Business
- Bloomberg
German Factory Orders Rose Even After US Tariff Announcement
German factory orders kept rising after President Donald Trump's announcement of US reciprocal tariffs, defying expectations for a setback. Demand increased 0.6% in April from the previous month, while economists had predicted a 1.5% decline in a Bloomberg survey. Without large-scale orders, they were still 0.3% higher, the statistics office said Thursday.


Bloomberg
03-06-2025
- Business
- Bloomberg
Swiss Inflation Turns Negative for First Time in Four Years
The inflation rate in Switzerland turned negative for the first time since early 2021, adding to pressure on policymakers to lower borrowing costs cut later this month. Consumer prices fell 0.1% from a year ago in May, according to the country's statistics office. That outcome was down from zero in April and matched the median estimate in a Bloomberg survey of economists.


Reuters
30-05-2025
- Business
- Reuters
Kenya inflation at 3.8% year-on-year in May
NAIROBI, May 30 (Reuters) - Kenya's inflation (KECPI=ECI), opens new tab fell to 3.8% year-on-year in May from 4.1% a month earlier, the statistics office said on Friday.


Reuters
27-05-2025
- Business
- Reuters
Norway oil industry expects to make record high investments in 2025
COPENHAGEN, May 27 (Reuters) - Norwegian oil and gas investments are expected to hit a new record this year, a statistics office survey of industry players showed on Tuesday. The country's biggest business sector now expects to invest 269.1 billion Norwegian crowns ($26.62 billion) in 2025, up from a 253.8 billion crowns estimate in February and compared to 251.2 billion last year. Preliminary estimates for oil and gas investments in 2026 stood at 206.6 billion crowns, compared to a previous estimate of 197.1 billion crowns in February. Forecasts will normally rise as companies firm up spending plans in the months leading up to a new year. ($1 = 10.1049 Norwegian crowns)


Reuters
23-05-2025
- Business
- Reuters
German economy in Q1 grew twice as fast as initially expected
BERLIN, May 23 (Reuters) - The German economy grew significantly more in the first quarter than previously estimated due to good economic developments in March, according to a second estimate published on Friday. The economy grew by 0.4% in the first quarter of 2025 compared with the previous quarter, the statistics office said, revising a preliminary reading of 0.2%. Manufacturing output and exports registered stronger growth than initially assumed in March, said Ruth Brand, president of the statistics office.