Inflationary Pressures

Forex News

UK Jobless Rate Unchanged In December And The Implications For The Economy

The UK’s unemployment rate remained unchanged in December, signaling stability in the labor market despite ongoing economic challenges. According to the latest government data, the jobless rate held steady, showing resilience in a time when many economies globally face uncertainties. This stability is a reflection of the UK’s continued recovery efforts, with businesses adapting to

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Forex News

UK Wages Rise By Fastest Pace In 13 Months And What It Means For The Economy

UK wages saw a significant rise, marking the fastest growth in 13 months, as new data reveals a robust recovery in the labor market. The increase in wages comes as businesses face greater competition for talent, and demand for skilled workers continues to surge across multiple industries. The latest wage figures signal a strong rebound

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Forex News

France’s services PMI deepens decline in January

The French services sector has taken a considerable hit, with the Purchasing Managers’ Index (PMI) for services recording a more substantial drop in January. This worsening performance highlights the ongoing struggles faced by one of Europe’s largest economies. Businesses have been grappling with various challenges, including reduced demand, rising costs, and slower-than-expected recovery in consumer

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