Global economy to weaken in coming year but economists confident of India's growth: WEF study
Friday, 15 September 2023 A survey conducted by the World Economic Forum (WEF) reveals that most economists anticipate a weakening global economy in the coming year due to political and financial volatility. However, over 90% of economists are confident in moderate or strong growth in South Asia, particularly in India. The outlook for China has dimmed, with signs of deflationary pressures and fragility in the country's real estate market.
Inflation Ticks Higher , Despite Fed's Ongoing Effort, to Bring Down Consumer Prices.
According to the latest Bureau of Labor Statistics report, consumers in the United States saw
prices increase by 3.7% in August. .
NBC reports that inflation rose at
a faster pace than in July, increasing
by...
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