These are two interesting economic trends coming out of the UK right now, one relates to unemployment and the other to inflation
These are two interesting economic trends coming out of the UK right now, one relates to unemployment and the other to inflation. On the good news front the latest round of employment figures mark a five year low and the continuation of a downward trend. Quartz also reports that real wages kept pace with inflation which is a good thing for consumers. The bad news, however, relates to inflation which has fallen further since February. Core euro-zone inflation was 0.7% during the month, compared to the prior year. It was 1.0% in February. Deflation-an economically debilitating, widespread decrease in prices-seems a real risk. The charts on employment and inflation are attached and this is the link to the related article.
Livewire is Australia’s #1 website for expert investment analysis. We work with leading investment professionals to deliver curated content that helps investors make confident and informed decisions. Safe investing and thanks for reading Livewire.