Tag #Economic Data

Showing 37 to 48 of 64 results

bbc.com
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ONS Faces Deep-Seated Issues, Leading to Flawed Economic Data

A critical UK government review of the Office for National Statistics (ONS) found deep-seated issues in its decision-making processes, leading to flawed economic data used in policy decisions and impacting the Bank of England's interest rate decisions; the review recommends splitting the National St...

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32% Bias Score

Reduced Inequality
cnnespanol.cnn.com
🌐 75% Global Worthiness
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US Inflation Rises Less Than Expected Despite Tariffs

US inflation rose less than expected in May (0.1% monthly, 2.4% annually) despite rising tariffs, but economists predict increased pressure in coming months due to various factors delaying tariff impact.

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40% Bias Score

Reduced Inequality
npr.org
🌐 75% Global Worthiness
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Government Staffing Shortages Reduce Inflation Data Accuracy

Due to staffing shortages caused by a federal hiring freeze, the U.S. government has reduced price checks for calculating the consumer price index (CPI), potentially impacting the accuracy of inflation and cost-of-living reports; data collection has been suspended in several cities.

Progress

40% Bias Score

Reduced Inequality
forbes.com
🌐 85% Global Worthiness
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Bitcoin Plunges 10% Amidst Quantum Computing Fears

Bitcoin's price has fallen by almost 10% to $103,000, fueled by a Google study suggesting faster development of encryption-breaking quantum computers and concerns about the U.S. dollar's stability, prompting some long-term holders to sell, despite bullish predictions of a potential rebound.

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56% Bias Score

Reduced Inequality
theglobeandmail.com
🌐 75% Global Worthiness
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Mixed Market Reactions Amid Easing Trade Tensions and Economic Uncertainty

Global markets displayed mixed reactions to easing trade tensions, with Wall Street futures down and European markets up; Domino's reported lower same-store sales, highlighting consumer spending restraint amid economic uncertainty; key economic data releases are anticipated this week.

Progress

44% Bias Score

Decent Work and Economic Growth
theguardian.com
🌐 75% Global Worthiness
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ONS Wage Data Revision Needed Due to Late Employer Submission

The UK's Office for National Statistics (ONS) announced that its key wage growth data needs revision due to late data submission from a large employer, impacting the accuracy of economic indicators used by policymakers, including the Bank of England and the government.

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28% Bias Score

Decent Work and Economic Growth
news.sky.com
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UK Inflation Eases to 3.4%, but Bank of England Expected to Hold Rates

UK inflation eased to 3.4% in May, down from 3.5% in April, driven by falling airfares and motor fuel costs, despite rising food and household goods prices; the Bank of England is expected to hold interest rates.

Progress

40% Bias Score

Reduced Inequality
china.org.cn
🌐 85% Global Worthiness
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Mixed U.S. Stock Market Reaction to Weak Hiring Data and Trade Tensions

U.S. stocks closed mixed on Wednesday, with the Dow down 0.22 percent, the S&P 500 slightly up, and the Nasdaq up 0.32 percent, due to weak May hiring data (37,000 jobs added), contraction in the service sector, and increased U.S.-China trade tensions following a tariff hike.

Progress

32% Bias Score

Decent Work and Economic Growth
theglobeandmail.com
🌐 85% Global Worthiness
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Global Markets Slip Amid Rising US-China Trade Tensions

Global markets dipped as US-China trade tensions escalated, impacting European and Asian markets; oil prices rebounded after OPEC+ announced a production increase; the Canadian dollar strengthened against the US dollar.

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52% Bias Score

Decent Work and Economic Growth
elmundo.es
🌐 55% Global Worthiness
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Spain's Inflation Moderates in April

Spain's April inflation rate fell to 2.2 percent year-on-year, the lowest since October 2024, due to lower gas, electricity, and fuel prices; however, underlying inflation rose to 2.4 percent.

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20% Bias Score

Affordable and Clean Energy
abcnews.go.com
🌐 85% Global Worthiness
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Trump Tariffs Fuel Recession Fears Despite Strong Economic Data

President Trump's recent tariffs have caused market volatility and recession fears, despite positive economic data like low unemployment and cooling inflation; economists attribute this discrepancy to reporting lags, with consumer sentiment surveys reflecting significant economic anxiety.

Progress

52% Bias Score

Decent Work and Economic Growth
theguardian.com
🌐 75% Global Worthiness
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Errors in UK Producer Price Indices Impact GDP Estimates

The UK's Office for National Statistics (ONS) announced errors in its producer price indices (PPI and SPPI), impacting GDP estimates for 2022 and 2023, due to flaws in chain-linking methods since 2008; the ONS is pausing data release until summer.

Progress

32% Bias Score

Decent Work and Economic Growth

Showing 37 to 48 of 64 results