Tag: Inflation Impact
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Pakistan Announces Rs11.3 Per Litre Diesel Price Increase for Fortnight
Overview: A Temporary Diesel Price Hike The federal government of Pakistan has announced an increase of Rs11.3 per litre in the price of high-speed diesel (HSD) for the next fortnight, while petrol prices remain unchanged. The notification, issued by the Ministry of Finance on Saturday night, confirms a temporary adjustment in response to evolving market…
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US Consumer Confidence Plummets to 2014 Lows as January Readout Stirs Concern
Overview: Confidence Crashes to 2014 Levels U.S. consumer confidence fell sharply in January, sliding to its lowest point since 2014, as Americans expressed growing concern about their financial prospects. The Conference Board reported that the headline index dropped markedly, underscoring the fragility of household sentiment amid persistent economic headwinds. This decline arrives at a time…
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McDonald’s Canada Slashes Value Menu Prices to Help Cash-Strapped Shoppers
Canada’s McDonald’s Responds to Rising Living Costs As Canadians tighten their budgets amid higher living costs, fast-food giant McDonald’s is adjusting its pricing strategy in the country. The company announced cuts to value-menu prices and an expansion of discounted items, aiming to attract diners who are cutting back on even the most affordable restaurant visits.…
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UK Consumers Stay Cautious About Spending Ahead of 2026, Says KPMG Survey
UK Consumers Maintain Spending Caution as 2026 Approaches UK households are edging toward 2026 with a cautious approach to spending, even as their sense of financial security remains broadly steady compared with the start of the year. A recent KPMG survey highlights a complex landscape: personal finances look resilient on the surface, yet many consumers…
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Income Tax Threshold Freeze Could Push Half a Million Pensioners into Tax
Overview The upcoming Budget is under pressure to address how changes to the income tax system could affect millions of households. New analysis suggests that extending the freeze on income tax thresholds, a policy that keeps the point at which people begin paying tax unchanged for several years, could pull as many as half a…
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Analysis of the Weakening U.S. Job Market in 2024-2025
Understanding the Current State of the U.S. Job Market The U.S. job market has shown signs of significant weakening in 2024 and early 2025. According to revised data, employers added approximately 911,000 fewer jobs than initially reported from April 2024 through March 2025. This revelation raises substantial concerns about the health of the economy and…