Consumer prices driven by food, drink and energy costs keep climbing across the single currency area Eurozone inflation surged to 7% in April in the first increase in the last five months, data released by the European Union’s statistics office Eurostat on Tuesday showed.

The volume of trade between China and Russia has continued to grow, with both exports and imports surging at double-digit pace since the beginning of 2023, the General Administration of China Customs reports.

Negotiations aimed at providing safe passage for agricultural produce via the Black Sea are set to start this week Grain exports from Ukraine are plunging ahead of this week’s talks in Istanbul on extending the Black Sea grain deal, Bloomberg reported on Wednesday.