According to German Chancellor Olaf Scholz, Germany will likely avoid a recession this year. He attributed that to the nation’s accelerated efforts to diversify its energy suppliers once it ceased…

On Friday, Statistics Sweden published a report showing that as the cost of electricity and food in Sweden has skyrocketed, inflation in the nation has hit a more than thirty…

According to data from the Spain’s National Institute of Statistics released Friday, in December the price of food in Spain surged at a record pace, rising 15.7% year over year.…

On Sunday, Croatia entered the Schengen free-movement zone and began its transition of currencies to the euro, marking two major changes for the Balkan country, after it first joined the…

For a sixth consecutive month in December, South Korean factory activity continued to shrink, according to a new business survey on Monday. Analysts noted that the global economic slowdown combined…

In his first comments since China began to turn away from its stringent “zero-Covid” policy, Chinese President Xi Jinping implored the nation to embrace unity and exert more effort as…

On Saturday Nikkei reported that the Bank of Japan (BOJ) is considering increasing its inflation forecast in January, to show that inflation will be close to the bank’s 2% target…

Japanese government data released Friday, showed that as companies have continued to pass rising costs on to households, the nation’s core inflation benchmark had risen to a new 40-year high…

China’s National Health Commission (NHC) ceased releasing daily Covid-19 data on Sunday, claiming the data suffered from reliability issues, as the nation seeks to abandon its “zero-Covid” policies and complete…

According to a new report from the Which? Consumer Insight Tracker, Brits have begun falling behind on their bills as inflation has put increasing pressure on their pocketbooks. According to…