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Tag: oil prices

oil prices

UK inflation exceeds predictions, Pound experiences exceptional gains.

By 22/10/2023

The Office for National Statistics (ONS) reported a YoY increase in UK headline inflation of 6.7% for September, remaining consistent with the previous month but exceeding the expected 6.6% figure. The MoM inflation rate also saw a slight increase from 0.3% to 0.5%. Core CPI inflation for September registered at…

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oil prices

Israel & Hamas Conflict may lead the World into Inflation .

By 19/10/2023

The current global economic landscape is riddled with uncertainties due to two major conflicts, the ongoing hostilities between Hamas and Israel in the Middle East and the Russia-Ukraine war. These conflicts are not limited to their respective regions; they have the potential to disrupt the delicate economic interconnections that exist…

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