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LONDON 鈥?Inflation in the U.K. fell to its lowest level in two and a half ye stanley quencher ars in March after a further easing in food prices, official figures showed Wednesday. UK inflation falls to lowest level since late 2021 as food prices ease further Consumer prices rose by 3.2% in the year to March, down from 3.4% in February, the Office for National Statistics said. That s the lowest level since September 2021. The fall in the annual rate was not as big as anticipated. Economists had predicted a reading of 3.1% for the month. Inflation is still running higher than the Bank of Englands target of 2% but the direction of the move appears clear. Inflation hit a high above 11% at the end of 2022 in the wake of Russias invasion of Ukraine, which led to sharp increases in energy costs. Inflation is set to fall further in April, possibly to below 2%, as a result of sharply lower domestic energy bills, which economists think could prompt rate-setters at the Bank of England to consider a cut in interest rates in th stanley cup e next few months. However, a number of the nine policymakers have warned that the fight against inflation isn t over yet as they expect prices to start rising again in the second half of the year. The Bank of England, like the U.S. Fed and other vaso stanley central banks around the world, raised interest rates aggressively in late 2021 from near zero to counter price rises first stoked by supply chain issues during the coronavirus pandemic and then by Russias invasion of Uqss New air strike on pro-Iran convoy in Iraq ahead of Soleimani funeral
China is rapidly becoming a hyper-aged society and in the next three decades, more than 30% of its population will be above the age of 60, a report said on Saturday. File photo of elderly people playing a game next to the railway tracks in Hebei, just outside Beijing. Getty Images The term hyper-aged society was first used by the World Health Organisation to refer to countries with 20% of th stanley kaffeebecher e population above the age of 65. As life expectancy rises in China, it means that the children of the elderly will have to spend more time and money to look after their parents, possibly for 20 years or more. In real terms, more than 300 million Chinese are expected to be senile in the next 20 years, the report further stated. Ning Xiangdong from the School of Economics and Management at the prestigious Tsinghua University predicted a grim picture in a report published by the government website china.org.cn. According to Professor Ning, in 20 years, the potentially senile population in China will hit 300 million, indicating couples who reach their late 50s at that time will spend substantial time on nursing both their parental and offsprings families perhaps for a period of 20 years, the report said. According to Chinese state media, the country had mor stanley cup e than 230.8 million people aged 60 or above at the end of 2016 鈥?16.7% of the total population. The m stanley cup inistry of civil affairs released data in August that said of the 230.8 million, 150.03 million were 65 or above, or
LONDON 鈥?Inflation in the U.K. fell to its lowest level in two and a half ye stanley quencher ars in March after a further easing in food prices, official figures showed Wednesday. UK inflation falls to lowest level since late 2021 as food prices ease further Consumer prices rose by 3.2% in the year to March, down from 3.4% in February, the Office for National Statistics said. That s the lowest level since September 2021. The fall in the annual rate was not as big as anticipated. Economists had predicted a reading of 3.1% for the month. Inflation is still running higher than the Bank of Englands target of 2% but the direction of the move appears clear. Inflation hit a high above 11% at the end of 2022 in the wake of Russias invasion of Ukraine, which led to sharp increases in energy costs. Inflation is set to fall further in April, possibly to below 2%, as a result of sharply lower domestic energy bills, which economists think could prompt rate-setters at the Bank of England to consider a cut in interest rates in th stanley cup e next few months. However, a number of the nine policymakers have warned that the fight against inflation isn t over yet as they expect prices to start rising again in the second half of the year. The Bank of England, like the U.S. Fed and other vaso stanley central banks around the world, raised interest rates aggressively in late 2021 from near zero to counter price rises first stoked by supply chain issues during the coronavirus pandemic and then by Russias invasion of Uqss New air strike on pro-Iran convoy in Iraq ahead of Soleimani funeral
China is rapidly becoming a hyper-aged society and in the next three decades, more than 30% of its population will be above the age of 60, a report said on Saturday. File photo of elderly people playing a game next to the railway tracks in Hebei, just outside Beijing. Getty Images The term hyper-aged society was first used by the World Health Organisation to refer to countries with 20% of th stanley kaffeebecher e population above the age of 65. As life expectancy rises in China, it means that the children of the elderly will have to spend more time and money to look after their parents, possibly for 20 years or more. In real terms, more than 300 million Chinese are expected to be senile in the next 20 years, the report further stated. Ning Xiangdong from the School of Economics and Management at the prestigious Tsinghua University predicted a grim picture in a report published by the government website china.org.cn. According to Professor Ning, in 20 years, the potentially senile population in China will hit 300 million, indicating couples who reach their late 50s at that time will spend substantial time on nursing both their parental and offsprings families perhaps for a period of 20 years, the report said. According to Chinese state media, the country had mor stanley cup e than 230.8 million people aged 60 or above at the end of 2016 鈥?16.7% of the total population. The m stanley cup inistry of civil affairs released data in August that said of the 230.8 million, 150.03 million were 65 or above, or