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Monthly archive March, 2022

ECB Warns Of Substantial Risk To Outlook Due To War

The European Central Bank raised sharply the inflation forecast for this year for the euro area and warned that economic activity would be dampened if there would be severe impact from the Russia-Ukraine war.Original Article Read More →

Turkey Industrial Production, Retail Sales Growth Eases

Turkey's industrial production and retail sales growth eased in January, data from the Turkish Statistical Institute showed on Friday.Original Article Read More →

UK GDP Rebounds As Impact Of Omicron Variant Eases

The UK economy rebounded at a faster-than-expected pace at the start of the year after the impact of the Omicron variant eased, data released by the Office for National Statistics revealed Friday. Gross domestic product grew 0.8 percent in January, Read More →

U.S. Consumer Sentiment Drops More Than Expected In March

Consumer sentiment in the U.S. fell to its lowest level in over ten years in the month of March, according to a report released by the University of Michigan on Friday. The report showed the consumer sentiment index slid to Read More →

South Korea Has $1.81 Billion Current Account Surplus

South Korea posted a current account surplus of $1.81 billion in January, the Bank of Korea said on Friday - down from $6.06 billion in December.Original Article Read More →

European Economics Preview: ECB Monetary Policy Announcement Due

The monetary policy announcement from the European Central Bank is due on Thursday, headlining a light day for the European economic news. The ECB is expected to take a more cautious approach than previously anticipated as the ongoing conflict in Read More →