German Inflation Forecast To Remain Elevated
Inflation in Germany may remain elevated for longer than is presently forecast, or even accelerate suddenly, if the monetary policy measures presently being employed are overtaken by current risks in…
British Standards Of Living Poised To Decline To Record Lows
On Wednesday, the British Office of Budget Responsibility (OBR) reported that Britons are looking at the biggest fall in standards of living since record-keeping began in the 1950’s, as well…
China Dumping US Debt
Amid growing tensions with Washington and the increasing threat of economic sanctions, China is slashing its holdings of US Treasury securities, according to US Treasury data released Wednesday. The report…
Finnish Inflation Hits 60 Year High
In Finland, food prices surged 16.3% year over year last month, according to official data. It marked the highest growth rate seen since 1964, according to the nation’s statistics agency.…
Poland Sees Shoplifting Soar As Inflation Accelerates
In Poland, shoplifting crimes have increased by almost a third in 2022, according to a new report from the newspaper Rzeczpospolita on Thursday, which cited police data. On an annual…
600,000 Small And Micro Businesses Fear Failing Due To Cost Of Living Crisis
On Monday, Sky News reported that a new study by website builder GoDaddy has found that roughly 600,000 small and micro businesses in Britain are worried they may have to…
Chinese Economic Activity Soars As Recovery Picks Up
A Caixin survey released on Friday showed that Chinese services sector activity rose sharply in February as the removal of most Covid-19 pandemic restrictions allowed the Chinese economic recovery to…
Bankruptcies Soar In Sweden – Bloomberg
According to a new report from Bloomberg, in February, bankruptcies soared in Sweden, marking the seventh consecutive month to see insolvencies increase, as household consumption declined, and construction companies felt…
Inflation Soars In Germany
On Wednesday, the German Statistical Office (Desatatis) reported that in February, German inflation accelerated, growing 9.3% year over year, and 1% for the month. Harmonized to compare to other European…
Chinese Factory Activity Grows Fastest In Over A Decade
China’s National Bureau of Statistics reported Wednesday that China’s manufacturing sector grew at the fastest rate seen in over a decade in February, due to a production rebound following the…
