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Elevating stagnant wages is Tokyo’s top priority and anti-deflation tool, necessary in creating a virtuous cycle of rising prices and incomes that boosts economic growth.
This is the lowest monthly widening since the start of 2023. Hungary aims to curb its 3.9% of GDP budget deficit in order to avoid being placed under the EU’s Excessive Deficit…
This is driving a rally in government bonds and equities. However, labour markets remain tight, fuelling wage growth and keeping services inflation above central banks’ 2…
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DOI: 10.1108/OXAN-DB283981
ISSN: 2633-304X
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The speech notably identified several economic challenges facing the country, ranging from curbing inflation to creating jobs. Marcos registered high approval ratings during the…
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DOI: 10.1108/OXAN-DB280940
ISSN: 2633-304X
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The budget is likely to be enacted by the end of the current fiscal year in March 2024. Rapidly increasing military spending reflects drastic changes in Tokyo’s defence policy. On…
A widening income gap, coupled with a sluggish economy over the past two years, will be a disadvantage for the ruling Democratic Progressive Party in Taiwan’s presidential…
UNITED KINGDOM: Economy faces persistent stagflation
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DOI: 10.1108/OXAN-ES284003
ISSN: 2633-304X
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SYRIA: Economic crisis will be unmitigated
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DOI: 10.1108/OXAN-ES281307
ISSN: 2633-304X
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Sanchez’s Socialist Party (PSOE) will form a minority government with the left-wing Sumar party in the wake of July's election. The government’s survival is contingent on the…
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DOI: 10.1108/OXAN-DB283500
ISSN: 2633-304X
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Geographic
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Services including healthcare, entertainment and travel flourished while the share of housing in overall consumption fell, reflecting property-market troubles. Markedly lower…