Economics

UK Inflation Shock Is Within Whisker of Double Digits: Eco Week

  • Half-point rate hikes anticipated from New Zealand to Norway
  • Chinese data may signal modest pickup; Japan GDP probably rose

Shoppers inside a supermarket in London.

Photographer: Chris J. Ratcliffe/Bloomberg
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Rampant inflation may be showing some signs of slowing in the US, but the surge on the other side of the Atlantic looks to have further to run.