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Reuters
3 days ago
- Business
- Reuters
Kenya inflation at 3.8% year-on-year in May
NAIROBI, May 30 (Reuters) - Kenya's inflation (KECPI=ECI), opens new tab fell to 3.8% year-on-year in May from 4.1% a month earlier, the statistics office said on Friday.


Reuters
6 days ago
- Business
- Reuters
Norway oil industry expects to make record high investments in 2025
COPENHAGEN, May 27 (Reuters) - Norwegian oil and gas investments are expected to hit a new record this year, a statistics office survey of industry players showed on Tuesday. The country's biggest business sector now expects to invest 269.1 billion Norwegian crowns ($26.62 billion) in 2025, up from a 253.8 billion crowns estimate in February and compared to 251.2 billion last year. Preliminary estimates for oil and gas investments in 2026 stood at 206.6 billion crowns, compared to a previous estimate of 197.1 billion crowns in February. Forecasts will normally rise as companies firm up spending plans in the months leading up to a new year. ($1 = 10.1049 Norwegian crowns)


Reuters
23-05-2025
- Business
- Reuters
German economy in Q1 grew twice as fast as initially expected
BERLIN, May 23 (Reuters) - The German economy grew significantly more in the first quarter than previously estimated due to good economic developments in March, according to a second estimate published on Friday. The economy grew by 0.4% in the first quarter of 2025 compared with the previous quarter, the statistics office said, revising a preliminary reading of 0.2%. Manufacturing output and exports registered stronger growth than initially assumed in March, said Ruth Brand, president of the statistics office.


Bloomberg
09-05-2025
- Business
- Bloomberg
Norway Core Inflation Slows More Than Seen, Fueling Rate Cut Bet
Norway's underlying inflation slowed more than forecast last month, raising the chances of an interest-rate cut by Norges Bank before the fall. The underlying consumer-price growth rate excluding energy fell to 3% last month, the slowest pace since January, according to data from the statistics office on Friday. Economists surveyed by Bloomberg had a median forecast of 3.2%, which was the same as Norges Bank's projection.