People buy vegetables at a vegetable market in Siliguri, India, on December 28, 2024. Nurphoto | Nurphoto | Getty Images India’s annual inflation declined for a second straight month year on year, coming in just below expectations at 5.22% in December, boosting the case for prospective interest rate cuts. Analysts polled by Reuters had forecast […]
China’s consumer price inflation in December slipped to 0.1% year on year, data from the National Bureau of Statistics showed Thursday, stoking deflation concerns. Growth in headline inflation was in line with Reuters estimates, but less than the 0.2% rise in November. Core CPI, which excludes food and energy prices, rose 0.4% year on year compared with 0.3% […]
Customers shopping for vegetables at a supermarket in Nanjing, China. Nurphoto | Nurphoto | Getty Images China’s consumer prices rose less-than-expected in November, climbing 0.2% from a year ago, according to data from the National Bureau of Statistics released Monday. Analysts polled by Reuters had expected a slight pickup in consumer prices to 0.5% in […]
In today’s Top News, we have strong recovery in the the Indian stock market, Maharastra caretaker Chief Minister Eknath Shinde reportedly delayed a crucial Mahayuti meeting in Mumbai amid suspense over Maharashtra CM; and more. Here are Top 5 news of November 29: 1. Stock market today: Nifty 50, Sensex surge over 1% on gains […]
A recent industrial survey reveals a projected decrease in machinery and equipment purchases for 2025, signaling a broader trend of reduced investment. This development has ignited a debate between business leaders and labor unions, highlighting underlying economic concerns. The Chamber of Industries (CIU) conducted a survey of 80 member companies between September and October. The […]
The UK economy expanded by just 0.1% in the third quarter of 2024, falling short of the 0.2% growth forecast by economists and marking a slowdown from the 0.5% increase recorded in the second quarter. The latest GDP figures, released by the Office for National Statistics (ONS), revealed weakening momentum in the UK’s dominant services […]
SUPPLY-SIDE challenges such as material shortages and longer delivery times have led to slower Purchasing Manager’s Index (PMI) in October for the country’s manufacturing sector. In Standard & Poor’s (S&P) Global PMI report, the country’s PMI slowed to 52.9 in October 2024 from the 53.7 posted in September 2024. Despite the slowdown, S&P Global Market […]