There is an almost direct correlation between international freight rates and goods inflation. When shipping costs go up, inflation follows months later.
EU legislation to improve corporate accountability for human rights and sustainability won’t work if France succeeds in excluding the financial services sector.
The latest release of data for the UK consumer price index showed an annual increase of 10.1% in January. It is down from a peak of 11.1% in October, not least because direct effects from energy prices have eased. But also, core inflation, which excludes the most volatile components of the consumer price index, fell more than expected to 5.8% in January.
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