Global investors expect falling prices in China to push down inflation rates worldwide this year, as excess capacity in its slowing economy prompts Chinese exporters to cut prices on goods
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The pace of inflation in China is the lowest since the financial crisis. This has led to concerns about the weakening demand in the second largest economy in the world.
Inflation in the UK will not return to levels seen before Russia’s invasion of Ukraine because of rising wages, a senior executive at Associated British Foods has said. Eoin Tonge,
Paul Smith’s fashion company has warned about the impact of inflation after recording a fourth consecutive loss. The 77-year-old designer’s firm said that sales in its global business increased by
In response to budgetary pressures, housing associations in England cut their spending plans on new affordable homes for 2024. This could worsen the acute shortage of social houses in the
UK inflation slowed sharply in November to 3.9 per cent, triggering a slide in the pound, a stock market rally and increased expectations of an interest-rate cut early next year.
US core inflation increased last month. This supports the argument of the US Federal Reserve, that interest rates could need to be held for several months. The US core price
Investors have warned that the Bank of England is facing a stubborn inflation problem which may prevent it from reducing interest rates as dramatically as its peers next year. The
Andrew Bailey said that the economic outlook is the worst of all times, and Britain is struggling to increase low levels in growth. The Bank of England Governor expressed concern
