Business News
Bicycle Imports Increased to IDR 577 Billion, 95% Coming from China Bicycle imports during the first half of this year jumped to 24.8%.
The sports trend that increased during the corona pandemic also boosted bicycle imports to the country. The Central Statistics Agency (BPS) noted that the value of bicycle imports during the first semester of 2020 jumped to 24.82% on an annual basis or year on year (yoy) compared to the same…
Italy, Russia and France Lead Travel & Entertainment Spending Recovery in G20 Countries
Despite the challenges brought on by COVID-19, there are promising signs in consumer spending – including hard-hit sectors like travel, according to Mastercard Recovery Insights. Today, Mastercard released Recovery Insights: Travel Check-In, the second report in its series focused on the impacts of the pandemic, including emerging trends in travel…
Italy factory activity grows for second month in Aug: PMI
Italian manufacturing activity increased for a second month running in August and at its fastest rate for more than two years, a survey showed on Tuesday, raising hopes for a firm economic rebound following the coronavirus lockdown. The IHS Markit Purchasing Managers' Index (PMI) rose to 53.1 last month from…
Electric Car Sales Rise In Italy In July 2020 As New Incentives Loom
Summer continues with a strong growth trend for the Italian EV market. With the broader car industry now in recovery mode as the coronavirus pandemic falls under control, and ahead of enhanced EV incentives recently passed by Italy’s government, July monthly car sales figures paint a well known picture of…
