Category Archives: Uncategorized

Growth in Latin America shrinks for fifth consecutive year

IMF logo

Growth in Latin America and the Caribbean is expected to decline for a fifth consecutive year—dipping below 1 percent in 2015—although there are clear differences along North-South lines, the IMF said in its latest regional forecast. The IMF’s Regional Economic Outlook for the Western Hemisphere released on the 29th of April in Santiago Chile. The predictions show a growth in Latin America

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European Commission Spring 2015 Economic Forecast released

European Commission

The European Commission released its Spring 2015 Economic Forecast. According to the same source economic growth in the European Union is benefitting from positive economic tailwinds. According to the European Commission’s Spring 2015 Economic Forecast, these short-term factors are boosting an otherwise mild cyclical upswing in the EU. Europe’s economies are benefitting from many supporting factors at once. Oil prices

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Government debt fell in euro area

Eurostat

The statistical office of the European Union, Eurostat, released its report on 21st of January 2015 regarding the government debt in Euro Area. The figures show that government debt fell to 92.1% of GDP in euro area and to 86.6% in EU28. For the full report please follow the link bellow: http://ec.europa.eu/eurostat/documents/2995521/6483082/2-22012015-AP-EN.pdf/765eba70-6a88-4771-8af7-48f6665e3c67

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Negative German Inflation Rate for the first time after September 2009

Inflation drops

According to the Federal Statistics Office the inflation rate in Germany as measured by Consumer Price Index is anticipated  to be -0.3% in January 2015. According to the same office, this is the first time that Germany faces negative inflation rate after September 2009 when the inflation was -0.2%. For further information please follow the link below: https://www.destatis.de/EN/PressServices/Press/pr/2015/01/PE15_030_611.html

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