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UK consumer spending increases but trails inflation, according to FT #shorts

Data from Barclays shows an increase in card expenditure but suggests that households continue to cut back on purchases in the face of high energy bills and other cost pressures #ukeconomy #consumerspending #inflation #ukconsumerspending #ukinflation #costoflivingcrisis Produced and edited by Paolo Pascual See if you get the FT for free as a student ( or start a £1 trial: ► Check out our Community tab for more stories on the economy. ► Listen to our podcasts: ► Follow us on Instagram: ... ( read more ) HOW TO: Hedge Against Inflation REVEALED: Best Investment During Inflation HOW TO INVEST IN GOLD: Gold IRA Investing HOW TO INVEST IN SILVER: Silver IRA Investing UK Consumer Spending Rises, But Still Lags Behind Inflation Despite a slight increase in UK consumer spending, recent data indicates that it is still lagging behind inflation. The latest figures, released by the Office for National Statistics (ONS), paint a somewhat mixed

IMF forecasts Australia to avoid recession in the current year, reports 9 News Australia

It's going to be a rocky road but Australia will avoid a recession this year according to the global financial agency, the IMF. The economic report card comes amid renewed hope that the lucrative Chinese market could reopen to our producers. Subscribe and 🔔: | Get more breaking news at 9News.com.au: FOLLOW 9News Australia ► Facebook: ► Twitter: ► Instagram: Join 9News for the latest in news and events that affect you in your local city, as well as news from across Australia and the world. #9News #BreakingNews #NineNewsAustralia #9NewsAUS... ( read more ) BREAKING: Recession News LEARN MORE ABOUT: Bank Failures REVEALED: Best Investment During Inflation HOW TO INVEST IN GOLD: Gold IRA Investing The International Monetary Fund (IMF) has predicted that Australia will manage to avoid a recession this year, despite the challenges posed by the ongoing COVID-19 pandemic. This is great news for the country, as a recession would have significant imp