UK Public Predicts Inflation at 3% by 2025: BoE Survey Reveals
A BoE and Ipsos survey finds UK public expects inflation at 3% by 2025, up from 2.7% in August. Interest rate perceptions and future expectations are also detailed.
Economy News
UK Economy Contracts in October, Reeves Promises Long-Term Growth
British Chancellor Rachel Reeves admits the October GDP report shows a 0.1% contraction but promises long-term growth through public finance stabilization, low tax rates, and inves...
ECB's Kazaks: Interest Rates on a Definite Downward Path
ECB Governing Council Member Martins Kazaks emphasizes the need for continued interest rate reductions following the latest 25-basis-point cut, predicting a decline in inflation by...
ECB's Muller Predicts Gradual European Economic Recovery Amid Inflation Challenges
ECB's Madis Muller forecasts a gradual European economic recovery, noting inevitable inflation fluctuations and interest rate impacts. The ECB recently cut key rates, aligning with...
Vietnam Proposes Travel Ban for Tax Debtors: A New Economic Measure
Vietnam is considering a new policy to ban individuals with tax debts of $400 or more from traveling, also extending to business representatives who owe VND100 million or more. Thi...
October Sees a Surprising Decline in UK Industrial Production
The Office for National Statistics reports a 0.6% decline in UK production output for October, showing a 0.7% decrease year-on-year.
Significant Drop in UK Trade Deficit: Key Insights from October Figures
The UK's total goods and services trade deficit dropped by £0.9 billion to £10.1 billion in the three months to October, according to the Office for National Statistics.
Germany's Trade Surplus Drops to €13.4 Billion in October
Germany's trade surplus dropped to €13.4 billion in October, down from September's €16.9 billion and €18.9 billion in October 2023. Exports and imports both saw changes, with signi...
Popular News
