Deflation: Why falling prices in China raise concerns
China’s economy has slipped into deflation as consumer prices declined in July for the first time in more than two years. The official consumer price index, a measure of... Read more
China’s economy has slipped into deflation as consumer prices declined in July for the first time in more than two years. The official consumer price index, a measure of... Read more
Higher food prices may be here to stay, the Bank of England’s chief economist has said. Huw Pill said that the rate at which food prices are rising was... Read more
The current state of retailers experiencing massive sales declines is likely a result of several factors, including changes in consumer behavior and economic conditions. The key issue here seems... Read more
Introduction: Bank of England sets interest rates today Good morning, and welcome to our rolling coverage of business, the financial markets and the world economy. The Bank of England finds itself... Read more
The US government’s credit rating has been downgraded following concerns over the state of the country’s finances and its debt burden. Fitch, one of three major independent agencies that... Read more
The European Central Bank (ECB) has raised interest rates in the eurozone once again, taking its key rate to a record high last seen in late 2000. The bank... Read more
US economic growth picked up this spring, despite a slowdown in consumer spending. The world’s largest economy expanded at an annual rate of 2.4% in the three months to... Read more
Dünyanın en büyük petrol rezervine sahip ülkelerinden birisi olan Venezuela’ya yönelik ABD’nin uyguladığı ambargoyu gevşetmesi petrol fiyatlarında sert düşüşe yol açtı. Brent petrol bugün yüzde 3’ün üzerinde kayıpla 80.88... Read more
The Federal Reserve’s fight to squash inflation will cause the US economy to start losing tens of thousands of jobs a month beginning early next year, Bank of America... Read more
Irish regulators slapped Facebook parent Meta with a €265 million fine on Monday, the company’s latest punishment for breaching strict European Union data privacy rules. The Data Protection Commission... Read more