Economic News

03:07 BST, September 15, 2024

China’s Economic Slowdown Deepens, Calls for Stimulus Grow

China’s economy is facing increasing pressure as industrial output, retail sales, and investment all slowed in August 2024. The latest data shows a weakening economy, prompting […]
16:03 BST, September 12, 2024

UK National Debt Set to Triple by 2070 Due to Climate and Health Crises

UK national debt is projected to nearly triple by 2070, reaching up to 310% of GDP, OBR report warns. Rising healthcare costs and an aging population […]
14:19 BST, September 12, 2024

ECB Cuts Rates to 3.5% Amid Slowing Inflation and Weak Growth

The European Central Bank (ECB) has cut interest rates again, continuing its efforts to combat slowing inflation and sluggish economic growth in the Eurozone. On September […]
05:44 BST, September 12, 2024

US Inflation Moderates to 2.5% in August 2024: Key Trends and Impact

Inflation slowed to 2.5% in August 2024, the lowest annual rate since February 2021, offering some relief to consumers. Energy prices dropped sharply, with gasoline down […]