The Central Bank of Venezuela (BCV) revealed that the country's cumulative inflation at the end of 2023 was 189.8%. This figure shows a significant decrease of 44.2 points compared to 2022, when inflation reached 234%.
During the month of December, the inflation rate stood at 2.4%, marking the…
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economic slowdown
JP Morgan: “The world will avoid economic recession”
At an event organized by JP Morgan Asset Management, Lucía Gutiérrez-Mellado, the firm's director of strategy, announced a slowdown in economic growth. However, she stressed that recession has been avoided, and the strength of this slowdown…
ECB forecasts “very strong” growth in wages in coming quarters
Wage growth in the coming quarters will be "very strong" compared to historical patterns in the eurozone, according to economists from the European Central Bank (ECB) in an article in the latest bulletin of the institution. In the document,…
JP Morgan presents projections of the world economy for 2023
The expected projections for the world economy in 2023 from JO Morgan Chase & Co. have been published. The main news points to a stabilization of the markets despite the slowdown in economic growth.
US bank analysts estimate a decline…
China’s economic slowdown hits German companies
The weakening of China's economy clearly affects the businesses of German companies operating in the Asian giant, the German Chamber of Commerce (AHK) in Beijing reported today following the dissemination of the business climate survey it…