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Archives by Year:
Spanish inflation reaches three-year high
According to data released by Spain’s Office of National Statistics on January 13, Spanish inflation jumped to a three-year high in December 2016. The annual change in the consumer price index reached 1.6 percent in December, up 0.9 percent from the previous month. Meanwhile, the annual change in the Harmonised Index of Consumer Prices hit […]
Global growth set to accelerate following post-crisis low in 2016
A World Bank report has branded 2016 as the worst year for global growth since the Global Financial Crisis, with growth estimated at just 2.3 percent. While the forecast for 2017 is slightly more optimistic – at 2.7 percent – the World Bank warns many uncertainties remain and political risks have the potential to undermine […]
China set to grind down its salt monopoly in market shake-up
China’s state control of the salt sector – thought to date back to the seventh century BC – was officially dismantled on January 1 as salt producers were exposed to market forces. The monopolistic system was previously under full state control, with producers required to operate under a national quota. Under the new reforms, licensed […]
