No recession but inflation hike and increased cost-of-living pressure on the way, Jim Chalmers says
Jim Chalmers reports that Australian households will face increased cost-of-living pressures and inflation is anticipated to rise beyond 4.5% due to global uncertainties.
The risk of a rate hike is very much alive
An updated inflation forecast predicts a rise to 3.2% in 2026 due to increased energy prices and global inflation pressures related to the Middle East conflict.
Housing prices will not rise this year, predicts Nordea
Nordea predicts that housing prices in Finland will continue to decline this year but are expected to increase by 1.5% next year, with ongoing challenges due to the Middle East conflict impacting demand.
Finland's economic forecast is slipping down - "There is not much uncertainty here"
Finland's Ministry of Finance is grappling with significant challenges in formulating an accurate economic growth forecast amid heightened uncertainty due to the Iran conflict.
Chancellor to deliver spring forecast
Chancellor Rachel Reeves is set to present her spring economic forecast to the Commons, emphasizing the strengths of the UK's economy and the impact of global uncertainties.
A Year Without Surprises
Mexico's economic forecast indicates a stable year ahead, with cautious monetary policies and the rise of nearshoring expected to positively impact growth.
Very weak GUS data on industrial and construction production in January
Industrial production in Poland fell by 1.5% in January, disappointing analysts' forecasts of a 2.8% increase.
Why the Reserve Bank's interest rate hike may be a one-off
Analysts suggest that the recent interest rate hike by the Reserve Bank of Australia may not signify a trend, indicating a possible one-off adjustment in monetary policy.
Economic Forecast: The Money for Ukraine is Not Enough
Despite Western security guarantees for Ukraine, the country remains heavily reliant on financial aid as a ceasefire with Russia seems far off amidst ongoing aggression and lack of dialogue from Moscow.
"At the Gates of 100 Million" - Although Spanish Tourism is Recording Great Results, It is Concerned
Even as Spanish tourism enjoys a promising year with expectations of surpassing 100 million visitors, concerns linger about future performance, according to Mesa del Turismo de España.