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Producer Price Index (PPI) in May 2023 decreased by 0.3% compared to April 2023. This is also the third month that the US PPI has fallen in the past 5 months. Year-on-year, US PPI increased 1.1%, the lowest increase since December 2020, after increasing 2.3% in April. Vpower/Vblink, The International Energy Agency said last week that oil demand will continue to grow and peak in 2028, with a record 102.3 million bpd in 2023 and peaking at 105.7 million bpd in 2028, mainly thanks to China's economic recovery.
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After the above figures were released, British Finance Minister Jeremy Hunt said that the government needs to remain focused on the task of reducing inflation. He stated that high growth needs to go hand in hand with low inflation, so the British Government must always stick to its plan to reduce the inflation rate by 50% this year to secure families' budgets. Vblink 777 Download, According to the Russian leader, this measure will have a deterrent effect. "Therefore, everyone who is thinking of strategic strikes against us will not forget this," Putin noted.
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Earlier, in a rescue deal brokered by the Swiss government, UBS agreed to buy Credit Suisse for 3 billion Swiss francs (.4 billion) in shares and incur losses of up to 5 billion Swiss francs. billion francs due to the partial closure of business operations. v power 777 casino login, This is only the 5th time in Switzerland's modern history that such a special commission has been established to launch a deeper investigation into how the government, the Swiss Central Bank and The financial market regulator acted in the course of the Credit Suisse emergency rescue.
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