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Q1 GDP growth slows to 0.2 pct QoQ as investments drop
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OECD's latest outlook sees stable growth, rising inflation
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PMI improves in May as manufacturers struggle with effects of Iran war
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Deposits fall marginally in April as rise for households offsets business drop
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Lending to corporates drives credit drop of 6.8 pct YoY in Apr
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Producer prices jump 12.8 pct YoY in April as Iran war pushes all categories upwards
Role of inflation in US elections gives government food for thought
The PM’s office must have been following nervously the results in the US presidential elections and the qualitative findings from the exit polls as the economy dominated the factors that determined the vote of the American electorate.
Affordability was central in the US election campaign as the cost of living has caused strain in the household budgets of large parts of the American public to varied degrees in different regions and ethnic groups.
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