CNN (November 15)
Since peaking above 10% in January, “UK inflation plunged to its lowest level in two years in October, allowing Prime Minister Rishi Sunak to declare victory on his pledge to halve the rate of price increases this year.” However, “Sunak’s second pledge to voters — to get the economy growing — is looking increasingly out of reach.” During the three month’s ended in September, GDP managed “zero growth… compared with the previous quarter, when it grew by a measly 0.2%.”
Tags: 10%, Economy, Inflation, January, Lowest level, October, Peaking, Pledge, Plunged, Price increases, Sunak, UK
LA Times (August 4)
“There are growing glimmers of hope that California’s surge in coronavirus cases could be peaking—but don’t expect the pandemic-shattered economy to share much of this progress in the short term.” For the first time in three months, California’s new cases went down, decreasing 9% to 59,697 for the week.
Tags: California, Coronavirus, Economy, Glimmers, Hope, Pandemic, Peaking, Progress, Shattered, Surge
