Tag: Recession
World
Japan’s economy falls into a recession
Japan unexpectedly entered a recession as its economy contracted for two consecutive quarters.The country's gross domestic product (GDP) shrank by 0.4% in the...
Business
UK economy narrowly missed recession in 2022
According to recent data, the UK narrowly avoided entering a recession in 2022 despite the economy growing nothing between October and December.Despite a steep...
World
Global recession: Third of world in recession this year, IMF head cautions
The International Monetary Fund's (IMF) chief says this year will see a third of the world's economy in a recession.As the economies of the...
World
US: Consumer prices are finally beginning to fall
In October, prices rose less than expected, pushing inflation below 8% for the first time this year.Price increases in the United States moderated last...
World
German inflation in September reaches a record 10%
In September, the inflation rate in Germany reached a new high of 10%. The announcement follows economic forecasts that the GDP will contract in...
World
UK already in recession, Bank of England reveals
The Bank of England hikes interest rates as it indicates the UK is already in recession; government hints energy support for schools, hospitals, and...
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