Pain it also causes. The background to this is high inflation, we have a sequencing that Around The World, particularly sticky, or at least has been here in the uk. That is why the bank has been increasing Interest Rates to try and curb the spending and get that Inflation Rate down. Should they continue to do that today, on the one hand, we have an Inflation Rate in the uk that has been easing a little, and when you dig into some of the details, to look at Producer Price inflation, thatis look at Producer Price inflation, that is further down the supply chain, that is the price is that manufacturers and factories might be paying, suggestions are it could be coming down quite significantly now. On the other hand, headline inflation, 7. 9 , still four times the Bank Of Englands 2 target. When you strip out energy and food, which can be equally volatile core inflation, they are still not falling by enough, wage growth remains quite high as well, and then there are wage comparisons, and in
And a large part of that has been driven by growth in the manufacturing and the construction space. Some of the numbers do offer a lot of question marks because if you look at agriculture, if you look at industries, you know, our core sector data is from steel, cement, all of them have actually shrunk. Consumption, in fact, has also been weak too, almost for the nine months it grew by only 5 . And thats why there was there has been a lot of question mark, but a large bit of this has been pushed by the Government Spending in the construction space. You know, Building Infrastructure around the country and some bit of private capital and private investments also seem to be flowing in to the economy right now. And that has pushed the growth to this level right before the national elections, where Prime Minister Narendra Modi is seeking a third term in power. Narendra modi. And this is the premise, the high growth rate where india has become somewhere an alternative to china for most compan
His views on where to takehere america are older. And anyway, well, it just i dont want to get started. Joe biden goes on late night. He brings his glassese but forgets his lines. This is an ngo paid for by Government Money and it is for shelter. Why so much secrecy . Thats what the American People want to understand. Why wont Migrant Hotels let fox in new thing . A comedy stage is the last place in public. You could say awful things because they cant cancel me because i got nothing going on. Pu seattle cancels a comedy show drugs, crime and homelessnessawfu that stays. Plus, that guy swore 30 pm and most of michigan where the first polls close in the states primary for republicans ,16 delegates are up for grabs tonight, with trump being the massive favorite in thethe fi contest. He already holds nearlyrst g 100 Delegate Lead over nikki haley and four democrats. Rawithng the biden faces a Chm Progressives in this state over his stance on the war on gaza. Now, a lot of those voters, ara
The past two years will continue to constrain the rate of advanced economies, that said, the margin widely believes that a Us Federal Reserve chair was started cutting rates this year, though the timing and magnitude of rates because are still uncertain. Rates because are still uncertain. , ,. , ~ uncertain. He is still speaking so lets listen uncertain. He is still speaking so lets listen in. So lets listen in. Translation . ,. , translation tourism and young aduu translation tourism and young adult focused translation tourism and young adult focused activities translation tourism and young adult focused activities such adult focused activities such as. Inaudible. Historic gazing in the wilderness, its all part of an energising effort to solve cell hong kong. 0ur Temple Street market last december, successfully due to arrest and locals to this character. The hong kong tp will offer diverse avita activities and promotion to boost the flow of people and district and create more business
Retailers have been fair to customers amid accusations they profiteered from the rising Cost Of Living. Good morning from old trafford where englands cricketers have work to do and fast on day two of their must win ashes fourth test. Whilst in new zealand, kick off is not far away now for the womens world cup can anyone stop defending champions the usa . Can anyone stop defending many can anyone stop defending will get a dry day today there many will get a dry day today but there will be showers to dodge. I will have the forecast here. Its thursday the 20th ofjuly. In an hour, senior Hospital Doctors in england will go on strike for 48 hours in a dispute over pay. Nhs bosses have warned of severe disruption, with thousands of appointments postponed. Its the first time consultants have taken part in Industrial Action in more than a decade. 0ur Health Correspondent Sophie Hutchinson reports. We locked ourselves away. We did everything we should have done in covid to protect the nhs and n