Category : Search result: service sector inflation


UK services growth slows, price inflation at 5-year low

UK services sector expansion weakened in November with PMI at 51.3. Business activity softened as consumer demand waned and price inflation dropped to its lowest since January 2021. Read the full analysis.

Shop price inflation slows ahead of Christmas

Good news for UK shoppers as shop price inflation eased to 0.6% in November, with food inflation slowing to 3%. Retailers hope for a confidence boost in the crucial festive period. Discover the latest trends.

Swiss Vote: Women in National Service?

Swiss voters decide on a landmark referendum to require women to perform national service, a move supporters say boosts cohesion but critics warn burdens women. Find out the result.

Millions Vie for China's Civil Service in Tough Economy

A record 3.7 million applicants in China are competing for just 38,100 civil service posts, highlighting a major shift towards public sector job security amid economic uncertainty. Discover the driving forces behind this trend.

Australian inflation surges to 3.8% in October

Australia experiences unexpected inflation surge of 3.8% in October, surpassing financial market predictions and raising cost of living concerns. Analysis of economic impact.

UK Job Losses Accelerate as Major Employers Cut Staff

Private sector job losses surge to 13,500 weekly as major employers including Amazon and Apple implement widespread layoffs. Federal Reserve faces policy dilemma amid rising unemployment and inflation.

Whitehall's £1.3m Pension Pots Amid Private Sector Raid

Britain's top civil servants have taxpayer-funded pension pots averaging £1.3m, a new report reveals. This comes as the Chancellor plans a £3bn raid on private sector retirement savings. Discover the full story.

UK inflation falls to four-month low of 3.6%

UK inflation fell to 3.6% in October, a four-month low, as energy price hikes slowed. Food costs, however, rose sharply. Read the full analysis ahead of the Budget.

UK inflation drops to 3.6% in October

UK inflation fell to 3.6% in October, a pre-Budget boost for households and Chancellor Rachel Reeves. Food prices are finally dropping. Discover what this means for you.

Australian Public Service Wages Jump 3.4%

New data reveals Australian public servants are enjoying their fastest wage growth in 15 years, outstripping private sector increases and raising questions about economic fairness.

RBA Holds Rates as Inflation Surprise Rattles Economy

The Reserve Bank of Australia maintains current interest rates despite unexpected inflation data, signalling cautious optimism amid economic uncertainty. Analysis of what this means for mortgages and the broader economy.

Microsoft Azure Hit By Major Global Outage

Microsoft's cloud computing platform Azure experienced widespread service disruptions, affecting businesses and users globally with login failures and connectivity issues.

UK Food Price Shock: Supermarket Bills Soar

British households are confronting unprecedented food price increases as new data reveals shocking rises in everyday essentials. Discover which items have seen the biggest jumps and why experts warn the crisis is far from over.

Labour demands probe into Cabinet Secretary's Tory links

Labour Party escalates pressure on Cabinet Secretary Simon Case over undisclosed Conservative Party connections, demanding immediate investigation into potential conflicts of interest at the heart of government.

NZ's Largest Strike: 300,000 Workers Walk Out

In an unprecedented display of unity, over 300,000 public sector workers across New Zealand have launched the country's largest-ever strike, demanding better pay and working conditions amid soaring inflation.

UK Inflation Plummets to 2% Target

In a dramatic economic turnaround, UK inflation has hit the Bank of England's 2% target for the first time in nearly three years, sparking speculation about imminent interest rate cuts and relief for households.

UK inflation falls to 2% target

Inflation has hit the Bank of England's 2% target for the first time in nearly three years, putting pressure on policymakers ahead of Thursday's crucial interest rate announcement.

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