Economy







U.S. import prices surge in November

WASHINGTON (Reuters) – U.S. import prices surged in November amid an increase in the cost of imported petroleum products, leading to the largest year-on-year increase in seven months.


ECB raises GDP and inflation forecasts

FRANKFURT (Reuters) – The European Central Bank raised its growth and inflation forecasts on Thursday as the euro zone’s recovery becomes increasingly broad-based but saw inflation falling short of