Author: Daniel snow

19 May 2025, Berlin: Apricots are sold at a greengrocer for 7.98 euros per kilogram. Grapes and papaya are also on offer.Photo by Jens Kalaene/picture alliance via Getty ImagesGermany’s annual inflation hit 2.1% in May approaching the European Central Bank’s 2% target but coming in slightly hotter than analyst estimates, preliminary data from statistics office Destatis showed Friday.The print compares with a 2.2% reading in April and with a Reuters projection of 2%.The print is harmonized across the euro zone for comparability.So-called core inflation, which strips out more volatile food and energy prices, dipped slightly from April’s 2.8% to 2.9%…

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Indian tourists and Kashmiris walk near the clock tower (Ghanta Ghar) in Srinagar, Jammu and Kashmir, on May 28, 2025. Firdous Nazir | Nurphoto | Getty ImagesIndia’s economy expanded at a faster-than-expected annual rate of 7.4% in the quarter ended March, despite the growing uncertainty in the global economy.The gross domestic product in the first three months of 2025, or the fourth quarter of the government’s fiscal year 2025, was sharply higher than the 6.7% growth forecast by economists in a Reuters poll.That marked the strongest quarterly growth in the fiscal year of 2025, accelerating from a 6.2% expansion in the…

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