China.org.cn

OECD cuts Germany growth outlook as energy prices rise

The OECD now expects German gross domestic product to grow by 0.7 percent this year, down 0.1 percentage point from its March projection. In 2027, it sees growth of 1.1 percent, down 0.4 percentage ...
China.org.cn

Japan Cabinet OKs 3.1 trln yen extra budget to tackle rising energy costs

TOKYO, June 3 (Xinhua) -- Japan's Cabinet approved a draft supplementary budget of 3.11 trillion yen (about 19.5 billion U.S. dollars) on Wednesday to cope with the effects of higher energy prices ...
China Economic Net

UK energy price cap to rise 13 pct from July: Ofgem

LONDON, May 27 (Xinhua) -- Britain's energy regulator Ofgem said on Wednesday that the household energy price cap will rise 13 percent from July, driven by higher wholesale gas prices linked to ...
China Economic Net

Eurozone consumers see inflation staying high after Iran war-driven oil shock

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