Category Economy

Breaking economic news, with reports on global stock markets, personal finance, businesses and technology.

UBS cuts UK GDP forecasts for 2024/2025

Investing.com – The UK economic system returned to development in November, however the smaller-than-expected enlargement has prompted UBS to chop its GDP forecasts for 2024 and 2025. UK gross home product rose by 0.1% from October, based on official knowledge,…

US import costs stay tame in December

WASHINGTON (Reuters) – U.S. import costs barely rose for a 3rd straight month in December as a surge within the prices of fuels advert meals was offset by weak point elsewhere, which bodes properly for the inflation outlook.  Import costs…