Category: stagflation
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UK Inflation Jumps to Eight-Month High Amid Fears of Stagflation
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Breadcrumb links BMN Business UK inflation rose to an eight-month high in November, raising fears that the economy will enter the new year burdened by so-called “stagflation” – anemic growth and high price rises. Article writer: Bloomberg News Irina Angel and Tom Rees Posted on December 18, 2024 • 2…
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Eurozone’s First-Quarter Growth Offers Respite from ‘Stagflation’ Concerns
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The euro zone is witnessing a remarkable surge in economic growth during the first quarter of 2024, recording its fastest pace in two years and dispelling fears of “stagflation” looming in the region. Output within the single currency area expanded by 0.3 percent in the first three months of the…