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Bookmark or Share- Where is China’s economy headed? | World Economic ForumEarlier this year, China announced an ambitious goal of reaching 5% economic growth in 2024. Today, nearly seven months into the year, economists and government officials say they are optimistic that China can reach its goal.
- What is the Consumer Price Index and why is it important?Based on CPI data across its member countries, the Organisation for Economic Co-operation and Development (OECD) recorded a 10.2% jump in consumer prices in July 2022 compared with a year earlier. It marked the first decline in inflation since November 2020 (the June figure was 10.3%), but 15 member states still recorded double-digit inflation.
- What to expect from inflation in 2024: Kristalina Georgieva | World ...In the US, for example, CPI inflation — which measures the change in the prices of a typical basket of goods and services — fell from 6.5% in December 2022 to 3.4% in December 2023. According to Kristalina Georgieva, managing director of the International Monetary Fund (IMF), that positive trend looks set to continue in 2024.
- What is inflation and how does it affect consumers?Inflation is the term used to describe the rate at which prices increase. It’s in the headlines because it has been rising at the fastest pace for several years across many countries.
- Discover this week's must-read trade stories | World Economic ForumMonthly change in US CPI inflation from Jan-Sept 2024 with a forecast for Oct 2024. Image: Reuters/LSEG Here, the news agency outlines the possible future impacts of a Republican presidency on global markets.
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