Stay updated with breaking news from Isj inflation. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Negative 0.3% for the year, and some of what we are seeing in germany is reflecting in a weakness in the manufacturing sec tore and this is a big important part of germany s economy and that is weighing down on the prospects for them, we are seeing also the effect of, we see that in the uk, the ongoing effect on russian invasion of ukraine, energy prices that have been coming down but have been high and they have taken a chunk out of purchasing pow and that is weighing down on consumption and growth prospects. we know that central banks are focussed on keeping a lid on inflation, because that is the most destructive thing now to economic growth. i wonder what needs to change, to get back to some sort of resilient growth, because the numbers we are talking about here look pretty weak, they are anaemic, what needs to change for economies to get back in to strong solid persistent growth mode? ~ . , ., . ., ....
To strong solid persistent growth mode? ~ ., , ., . ., , mode? well, what needs to change is inflation has mode? well, what needs to change is inflation has to mode? well, what needs to change is inflation has to come mode? well, what needs to change is inflation has to come down, mode? well, what needs to change isj inflation has to come down, monetary policy central banks have to bring inflation back down, on that front, the news in the uk is, is certainly not a welcome development. what we are seeing is a significant upgrade in inflation number, both for this year but also for next year, we see a lot of persistence, momentum in inflation notjust headline inflation, also the underlying inflation, also the underlying inflation and that is the worry for the uk economy going forward, the dynamics are worse than in some other european economies, and that may require central banks to do more, the bank of england may have to step on the brakes a bit more aggressively, in order to b ....
Prices or slow down in inflation in china, two pieces of good news but as we say in the report we are not out of the woods yet. find as we say in the report we are not out of the woods yet. out of the woods yet. and clearly there are many out of the woods yet. and clearly there are many head out of the woods yet. and clearly there are many head winds - out of the woods yet. and clearly there are many head winds that i out of the woods yet. and clearly - there are many head winds that could change the numbers somewhat, and italy be hartenening for many to hear you cite a resilient sector and a strong labour market, all of that coming as inflation soars in many economy, interest rates are having to rise and cost of living crisis for many continues to get work. that is riuht. for many continues to get work. that is right- we for many continues to get work. that is right. we have for many continues to get work. twat is right. we have had resilience in the service sector and manuf ....