#economic forecast

#economic forecast

UK inflation figures show intensified price pressures, affecting the Bank of England's monetary policy decisions.

Core inflation and services CPI metrics reveal challenges for economic stability in the UK.

Job growth in February shows strength, but future government job losses present challenges for the economy.

Walmart's sales and profit forecast for the fiscal year is below expectations, indicating slowing consumer spending.

Annualised inflation increased to 3.0% in January, exceeding forecasts and prompting concerns for working households.

Core inflation rose to 3.7%, diminishing prospects for interest rate cuts by the Bank of England.

Ongoing tariff threats are impacting consumer spending and overall economic growth.

The UK economy unexpectedly declined by 0.1% in January 2023, challenging Chancellor Rachel Reeves ahead of her spring statement.