Noticias de dinero

China, mid-2023: on the brink of deflation

The June data on inflation in China surprised on the other hand: heading 0.0% against 0.0%. +0.2% YoY, Bloomberg consensus, -5.4% PPI yoy. -5.0% consensus. The price level is shown in Figure 1 and the annualized inflation in Figure 2: Picture 1: China CPI (black), core CPI (brown) and PPI (green), all in journals, 2019M12=0.

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Global

Ukraine could win ‘mid-2023’ if ammunition needs are met

People’s Deputy of Ukraine Lesya Vasilenko believes that if Ukraine is provided with the necessary amount of ammunition for weapons from Western countries, the country’s victory can be achieved “by mid-2023.” “The condition is that there are these arms deliveries that fully meet all the requirements of Ukraine, and maybe even more, but there are

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Noticias de dinero

Apple to start making MacBooks in Vietnam by mid-2023

Apple plans to move some of its MacBook production to Vietnam next year for the first time as the US technology group continues to diversify its manufacturing base outside of China amid escalating tech tensions between Washington and Beijing. Apple has engaged its main supplier, Taiwanese company Foxconn, to begin production of the MacBook in

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Noticias de dinero

Fitch Solutions: key rate to reach 5.75% by mid-2023

The Bangko Sentral ng Pilipinas (BSP) discount rate is likely to peak at 5.75% by the middle of next year due to above-target inflation, Fitch Solutions said on Monday. The pace of adjustment is expected to slow down from last week’s 75 basis point (bp) increase, with the central bank’s policy-making Monetary Board to cap

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