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Tag: forecasts

China’s economy sees a resurgence in the third quarter, beating forecasts

Subscribe to our YouTube channel for free here: https://sc.mp/subscribe-youtube Read more on this story: https://sc.mp/vb88 China’s economy grew by 1.3 per cent in the third quarter from the previous three months, and by 4.9 per cent year-on-year. Retail sales grew by 5.5 per cent in September, from the previous year, but the property market fell by 9.1 per cent in the first three quarters. Support…

Turkey central bank forecasts 23 percent inflation rate

Shoppers in Turkey cannot look forward to lower prices anytime soon. The central bank is forecasting a 23 percent inflation rate this year. Some analysts think that is too optimistic after inflation last year soared to a 20-year high and the lira lost almost half its value. Al Jazeera’s Sinem Koseoglu reports from Istanbul, Turkey. – Follow us on Twitter: https://twitter.com/AJEnglish/ – Find us on…

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