UK inflation rises to 2.6% in November, highest rate since March
UK inflation ticked higher in November, with the Office for National Statistics reporting a rise in annual consumer prices to 2.6%, up from 2.3%...
U.S. November retail sales rise 0.7%, surpassing expectations
American shoppers turned out in slightly stronger force than anticipated as the holiday season got underway in November, according to fresh data from the...
UK economy contracted by 0.1% in October 2024
Britain’s economy slipped again in October, dropping 0.1%, and people are growing restless. This marks the second straight month of decline. Economists had expected...
Political instability in France and Germany clouds Europe’s economic outlook
Political instability in Germany and France, the European Union’s two largest economies, is exacerbating the trading bloc’s economic challenges.
With both EU member states grappling...
China’s consumer prices barely rose in November
China’s consumer prices barely rose in November, inching up by only 0.2% from a year ago. That’s the weakest pace since June and suggests...
India’s GDP growth slowdown: understanding the causes and the road ahead
India’s GDP growth slowdown has caught the attention of people globally, including economists, policymakers, investors, and journalists.
Economic growth in the second quarter of FY25...
How Ukraine’s EU membership could boost Europe’s economy
There is growing interest in Europe to facilitate Ukraine’s EU Membership, particularly in the face of global geopolitical challenges.
European leaders say that if Ukraine...
Supply chain risks represent a major threat to financial stability
Volkswagen’s recent crisis highlights how disruption in the supply chain can exacerbate financial risks.
Researchers at the Complexity Science Hub (CSH) in Vienna, Austria, and...
Bank of England warns: rising trade barriers threaten global economy
There are growing risks to global financial stability, the Bank of England (BoE) has warned. The UK’s central bank has expressed concerns about the...
Japan’s $140 billion economic stimulus plan
Japan has unveiled a massive $140 billion (¥21.9 trillion) economic stimulus package aimed at addressing rising costs, boosting wages, and kickstarting the economy.
The total...