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Economics Gazette

Economy and Business news

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April 22, 2018

Posts by: Silvia Hristova

US retail sales

The US retail sales rose in March 2018

The US retail sales rose in March after three consecutive months of decline, as households increased their purchases of motor vehicles and other large purchases, suggesting that consumer spending will go up in the second quarter of the year. Last month, the retail sales in the US rose by 0.6% after a 0.1% decline in

Haruhiko Kuroda

Haruhiko Kuroda is optimistic about Japanese inflation

The Governor of the Japanese Central Bank Haruhiko Kuroda stressed that he was determined to maintain a massive program of incentives, although he was optimistic about achieving the 2% inflation target. Haruhiko Kuroda said the Japanese economy will continue to grow moderately, as rising household incomes lead to a gradual increase in consumption. “With productivity

Turkish economy

Turkish economy overheats

The Turkish economy overheats and this could be just as much a problem for President Recep Tayyip Erdoгan as for the country’s creditors. The Turkish president needs guarantees that there will be no economic difficulties threatening his chances in the next election. The TRY is bending under the weight of the growing current account deficit

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