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Business

China’s upbeat industrial output, retail sales tempered by frail property – Times of India

newsguru.info18 March 202408 mins

[ad_1] BEIJING: China’s factory output and retail sales beat expectations in the January-February period, marking a solid start for 2024 and offering some relief to policymakers even as weakness in the property sector remains a drag on the economy and confidence. Monday’s data join recent better-than-expected exports and consumer inflation indicators, providing an early boost…

Business

US consumer inflation jumps more than expected to 3.4 per cent – Times of India

newsguru.info11 January 202402 mins

[ad_1] WASHINGTON: Consumer inflation in the United States rose more than anticipated in December, government data showed Thursday, although underlying pressures still appear to be ebbing.The Department of Labor’s consumer price index (CPI), a key measure of inflation, was up 3.4 percent from a year ago and higher than November’s figure.However, a “core” metric that…