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Germany’s economic output is set to grow modestly in Q1 2025 but may face a setback in Q2, according to the Bundesbank.
Inflation fell to 2.3 per cent in March.
Industrial output and retail sales rose slightly, but capacity utilisation remains low.
Goods exports increased early in the year, partly due to US tariff concerns.
Employment dipped marginally, with stability expected overall.Read More

Despite rising global trade tensions and a slowing international economy, India’s economy may expand by 6.5 per cent in this fiscal, backed by falling crude oil prices and manageable inflation levels, a latest EY report said.
Four key factors were outlined shaping India’s growth outlook: reduced exports, a global slowdown, declining crude oil prices and a glut in global production capacities.Read More

Turkiye’s textile trade with Italy declined in 2024, with textile exports dropping to $620 million and imports falling 16.7 per cent to $398 million.
Apparel exports to Italy also fell nearly 20 per cent, but apparel imports from Italy rose by 11.85 per cent to $283 million.
The Turkiye–Italy 4th Intergovernmental Summit is said to take place on April 29 in Rome.Read More