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Aging Dragon

20 Jan 20245 minit
Aging Dragon

This week US retail sales accelerated more than expected in December. The Chinese central bank left a key interest rate unchanged despite continued deflation and slowing loan growth. The country’s economy grew by 5.2% last year. But its population continued its historic decline. Inflation in the UK unexpectedly accelerated in December. Wage growth, meanwhile, slowed sharply toward the end of last year.

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