[ad_1] On inflation forecasting, everybody has a bit of egg on their faces. New research suggests that a misunderstanding of what was happening with global supply chains might be part…
Tag: Economic Performance/Indicators
South Korea Forecasts Slower-Than-Expected Economic Recovery in 2024
[ad_1] South Korea’s economic recovery is forecast to be slower than expected this year, with inflation likely to be sticky, the Ministry of Economy and Finance said in a semiannual…
Utilities Get an Inflation Shock
[ad_1] Inflation is really zapping returns for utility investors. Of course, that isn’t likely to elicit much sympathy from households, which have seen their bills climb over the past two…
U.K. Shop-Price Inflation Held Steady in December, Report Says
[ad_1] Annual U.K. shop-price inflation was unchanged in December, with growth at the lowest rate since June 2022, a report by NielsenIQ and the British Retail Consortium showed Tuesday. Prices…
Where the Job Market Is Heading in 2024, in Six Charts
[ad_1] Employers slowed hiring and handed out smaller raises in recent months, signs of fading momentum in the job market that have some forecasters expecting unemployment to rise in 2024.…
Singapore’s Economic Growth Picked Up in Fourth Quarter
[ad_1] SINGAPORE—Singapore’s economy grew at a faster pace in the fourth quarter of 2023, thanks to strong expansion across the construction, manufacturing and services-producing industries. Gross domestic product expanded 2.8%…
Shale Is Keeping the World Awash With Oil as Conflicts Abound
[ad_1] Updated Jan. 1, 2024 12:05 am ET A surprise surge in American oil and gas production and exports is helping to keep the world stocked, blunting the impact of…
China’s Xi Is Resurrecting Mao’s ‘Continuous Revolution’ With a Twist
[ad_1] Updated Jan. 1, 2024 12:08 am ET Listen to article (2 minutes) Chinese rulers have long used campaigns against corruption to sideline rivals and consolidate power. Xi Jinping is…
China Ends Underwhelming Year With Fresh Signs of Weakness
[ad_1] Dec. 30, 2023 10:18 pm ET China’s economy showed fresh signs of weakness as the year drew to a close, piling pressure on Beijing to take bold new steps…