Japan returns to recession
The third largest economy in the world has returned to recession after posting a second consecutive quarter of economic contraction in the first three months of the year.
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The third largest economy in the world has returned to recession after posting a second consecutive quarter of economic contraction in the first three months of the year.
The latest price inflation figures show the Consumer Prices Index (CPI) measure of inflation at 4%, double the Bank of England inflation target.
China is now the second largest economy in the world, after overtaking Japan.
Informed Choice managing director Martin attended a presentation by the Bank of England this evening. Here are his notes from the meeting.
The National Association of Estate Agents (NAEA) has published its predictions for the UK property market over the next 12 months, and they make interesting reading. They think that house prices could remain flat, or even drop in some areas, for the first six months of 2010.
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