Verbatim sentences from the source article.
Joy Online
… Stephen Brown, chief North America economist at Capital Economics, said May’s rise alone was “not large enough to prove any ammo” to those on the Fed’s rate-setting committee who want to push interest rates up. …
US inflation surges to three-year high of 4.2%Joy Online
… The latest figures “highlight the deteriorating growth outlook and fragile fiscal backdrop that will face whoever is in 10 Downing Street”, said Ruth Gregory, deputy chief UK economist at Capital Economics. …
Borrowing in April hit highest level since CovidJoy Online
… Some of the company’s suppliers are even saying “they can’t confirm the price until the point of transaction”. “It’s hard to run a business at that level and plan.” Ruth Gregory, deputy chief UK economist at Capital Economics, said the latest growth figures would “be the high poi …
UK economy sees surprise growth in March despite Iran warJoy Online
… David Oxley, chief climate and commodities economist at Capital Economics, said its departure could lead to lower oil prices but higher volatility on the market in the coming decades. …
United Arab Emirates to quit oil cartel OPECUK inflation accelerated to 3.1% in the year to August, up from 2.9%, driven by rises in petrol, diesel, and airfares. Motor fuel prices rose 23% compared to August last year as Middle East conflict disrupted global oil supplies and petrol hit its highest price in nearly four years.
16 September 2026 · Joy Online →
UK inflation accelerated to 3.1% in the year to August, up from 2.9%, driven by rises in petrol, diesel, and airfares. Motor fuel prices rose 23% compared to August last year as Middle East conflict disrupted global oil supplies and petrol hit its highest price in nearly four years.
16 September 2026 · Joy Online →
Brent crude futures rose above $100 a barrel for the first time since late July as Iran and the U.S. escalated attacks on tankers in the Strait of Hormuz, with Iran reporting strikes on 10 ships and the U.S. sinking five Iranian oil tankers. Oil markets are reassessing expectations for how long supply disruptions from the region will persist.
9 September 2026 · Joy Online →
Brent crude oil futures surpassed $100 a barrel on Wednesday, a more than six-week high, amid intensifying Middle East conflict that threatens oil flows from the region. Prices have risen a quarter since early last month as the six-month-old U.S.-Iran conflict continues, with recent Houthi attacks on Saudi energy facilities and crude shipments via the Red Sea raising supply concerns.
9 September 2026 · Joy Online →
China's foreign ministry said it opposes US plans to widen economic sanctions against Iran and its trading partners, including Beijing, and will take "all necessary measures" to protect its rights. US Treasury Secretary Scott Bessent described the sanctions as "the single greatest financial offensive ever" against Iran and warned that any nation financially partnering with Iran would be isolated.
25 August 2026 · Joy Online →
Long-term borrowing costs across major economies have reached their highest levels since 2007, driven by inflation concerns, government debt, and AI spending. Rising oil prices, fueled by Middle East tensions, are pushing bond yields higher as investors fear inflation may spike again.
18 August 2026 · Joy Online →
British retail sales volumes rose 1.0% in June, exceeding economist forecasts, as shoppers increased spending on air conditioning and clothing during hot weather and the World Cup. Online sales reached their highest share since April 2021 at 29.4% in the three months to June.
24 July 2026 · Joy Online →
China's economy grew by 4.3% in the second quarter, below Beijing's annual target of 4.5%–5%, as weak domestic demand and external instability offset strong export growth. The slowdown, the lowest quarterly expansion since the end of 2022, reflects imbalances between robust supply and weak consumer spending, alongside a long-running property market slump.
15 July 2026 · Joy Online →
China's producer price index rose 4.1% year-on-year in June, the highest rate since July 2022, squeezing manufacturers' profit margins amid weak domestic demand. The surge was driven partly by energy prices and higher prices in coal mining, electrical machinery, electronics, and ferrous metals.
9 July 2026 · Joy Online →
The UK economy shrank by 0.1% in April as the Iran war raised business costs and affected turnover, according to the Office for National Statistics, though the three-month growth rate remained positive at 0.7%.
12 June 2026 · Joy Online →
US prices rose 4.2% year-on-year in May, the fastest rate in three years, driven by rising energy costs following the US-Israel war in Iran. President Trump said he "loves the inflation" but promised prices would "come down like a rock" when the conflict ends.
10 June 2026 · Joy Online →
US inflation rose to 4.2% in May, the fastest pace in three years, driven primarily by rising energy costs amid the US and Israel's war in Iran. The increase from 3.8% the previous month marks the third consecutive monthly rise in the Consumer Price Index.
10 June 2026 · Joy Online →
UK public sector borrowing hit £24.3bn in April, the highest for that month since 2020, driven by higher spending on benefits and debt interest payments amid weak retail sales and deteriorating growth outlook.
22 May 2026 · Joy Online →
The UK's economy grew 0.3% in March, exceeding analyst expectations of contraction, as consumers and businesses brought forward spending due to fears of future price rises from the Iran conflict. First-quarter growth reached 0.6%, the fastest quarterly pace in a year and the highest among G7 countries reporting data.
14 May 2026 · Joy Online →
The United Arab Emirates is leaving OPEC and OPEC+ next month, citing the need for flexibility to meet growing global energy demand after recent investments in production capacity. Analysts describe the exit as potentially weakening the cartel, and the move is seen as aligning with US interests under President Donald Trump.
29 April 2026 · Joy Online →