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Consumer
Lockdowns In China Limit Burberry’s Sales Growth To 1% in Q1
According to Burberry’s most recent figures, ongoing coronavirus restrictions in China have limited the luxury brand’s sales growth considerably in the first quarter of the year.
US Inflation Is Rising Quicker Than Expected
In June, the Consumer Price Index (CPI) jumped 1.3% compared to the 1% increase seen in May, serving as a clear sign that inflation is still running rampant.
Digital Bank Fraud Detection And Prevention: Are Users 100% Safe Now?
The fintech wave and the open-source movement are assisting banks in going digital. These trends have obviously benefited both banks and their clients.
When Will The Cost Of Living Crisis Be Over?
After the turmoil of 2020-21, economists and consumers alike were hoping that 2022 would usher in a slightly smoother ride, and a return to something like ‘normal life’. But it wasn’t to be.
US Inflation Jumped To 8.6% In May
According to the Bureau of Labor Statistics, US inflation accelerated further in May, with prices up 8.6% from a year ago. This is the fastest increase seen since December 1981 and exceeded the 8.3% Dow Jones estimate for the month.
