Inflation in the countries that use the euro rose to 2.9 percent in December, but the underlying rate continued a downward trend.
Tag: Economic Conditions and Trends
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Carrefour Drops PepsiCo Products in France Over High Prices
Carrefour, a supermarket chain, said the maker of Pepsi, Lay’s and 7-Up was keeping its food “unacceptably” expensive despite falling inflation.
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Indian Stocks Are Booming. Why Is Long-Term Investment Lagging?
Long-term investment in India by businesses is stagnant, and foreign money is falling, even as the government is driving growth with infrastructure spending.
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Philippine Poverty and Farm-Based Economy Have Roots in Colonial Era
Decades after independence, the Philippines lacks the kind of factory economy that has lifted up other Asian nations, tying millions to farm work.
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Hong Kong Stocks Plunge to Losses for 4th Straight Year
Investors worried about China’s economy shunned Hong Kong’s stock market, once one of the biggest and most important in the world.