The average household spent £28 more on groceries across the month than in December 2022, with families spending an all-time high of £477 on groceries over Christmas…reports Asian Lite News…
On a monthly basis, CPI fell by 0.2 per cent in November 2023, compared with a rise of 0.4 per cent in November 2022, said ONS…reports Asian Lite News The…
Consumer prices were up 3.1 per cent annually as of November, according to Labor Department data, well below the 9.1 per cent annual inflation rate clocked in June of last…
Since March last year, the central bank has rapidly raised interest rates from near zero to a range of 5.25-5.5 per cent, in an effort to fight the worst inflation…
Michael Stull, a senior executive at the recruiter Manpower, said the demand for workers was weaker than a year ago, though there were “mixed messages” from employers…reports Asian Lite News…
The marginal lending facility, which offers overnight credit to banks, was also increased by a quarter-point to 4.75 per cent…reports Asian Lite News The European Central Bank (ECB) has raised…
Regular pay grew by 7.8%, the highest annual growth rate since comparable records began in 2001, reveals Office for National Statistics…reports Asian Lite News Wages grew at a record annual…
The Office for National Statistics said that falling of fuel prices was the biggest driver behind the drop, while food price inflation also pared back…reports Asian Lite News Inflation in…
Inflation is due to fall from 7 per cent recorded in the March quarter this year to 3.25 per cent in 2023-24, before returning to the Reserve Bank of Australia…
Influential think tank the Institute for Fiscal Studies (IFS) warned higher rates would result in a drop of more than 20% in disposable income for 1.4 million mortgage holders…reports Asian…
