Money Talks

China inflation accelerated to two-year high of 2.7% in July

Asian markets are deep in the red after China reported that consumer prices rose at their fastest pace in two years. Inflation in the world's second largest economy accelerated to 2.7% in July. That's relatively low in global standards, but it's the most since July 2020. It shows that China is dealing with the effects of persistent supply chain bottlenecks and higher oil prices. But it would have been even higher if not for pandemic-related lockdowns keeping down consumer spending. For more on consumer prices in China and the US, we spoke to Craig Erlam, who is a senior market analyst at OANDA in London. #China #Inflation #ConsumerPrices

Turkey Food Prices: Profiteers cause rise in food prices

Turkey Food Prices: Profiteers cause rise in food prices

Turkey’s central bank lifts 2018 inflation forecast | Money Talks

Turkey’s central bank lifts 2018 inflation forecast | Money Talks

Sudan's economic troubles worsen

Sudan's economic troubles worsen

Turkey's central bank raises key interest rate to 10.25% | Money Talks

Turkey's central bank raises key interest rate to 10.25% | Money Talks

Oil prices rally as OPEC+ alliance plans major output cut

Oil prices rally as OPEC+ alliance plans major output cut

British currency falls to record low as Truss bares tax cuts

British currency falls to record low as Truss bares tax cuts

Businesses set to leave China as economy falters

Businesses set to leave China as economy falters

Market Movers: Italy's new PM to face economic challenges ahead

Market Movers: Italy's new PM to face economic challenges ahead

Deluge threatens to worsen food insecurity in Nigeria

Deluge threatens to worsen food insecurity in Nigeria

‘Get rich quick schemes are too good to be true’

‘Get rich quick schemes are too good to be true’

UK economy averts immediate recession with 0.2% expansion

UK economy averts immediate recession with 0.2% expansion

European stocks set to rebound after BOE placates markets

European stocks set to rebound after BOE placates markets

UK tax cuts package estimated to cost around $45B

UK tax cuts package estimated to cost around $45B

Chinese yuan drops to weakest level since 2008 as growth falters

Chinese yuan drops to weakest level since 2008 as growth falters

Oil prices steady on prospect of balancing supply

Oil prices steady on prospect of balancing supply

British pound hits record low against the US dollar

British pound hits record low against the US dollar

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