Tag Archives: rate

UK inflation rate drops back to 3%

The UK’s inflation rate has fallen for the first time since June, mainly because of the impact of air fares. The inflation rate dipped to 3% in December, down from November’s rate of 3.1% – a six-year high. The Office ...

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Jeddah hotels report lowest ever December occupancy rate

Jeddah hotels recorded their lowest ever December occupancy rate, according to analysts STR. Its preliminary December 2017 data for hotels in the Saudi city indicated significant supply growth and negative performance. Based on daily data from December, Jeddah hotels reported ...

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Vietnam’s economy grows at fastest rate in a decade

Related Articles HANOI: Vietnam’s economy grew 6.81 percent this year — its strongest rate for a decade — thanks in part to surging exports, data showed Wednesday.Full-year GDP growth was slightly above the government target of 6.7 percent and outstripped ...

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Gulf states follow US rate rise at risk of hitting borrowing

Related Articles DUBAI: The Gulf’s dollar-pegged economies have followed a US interest rate hike to maintain the value of their currencies but at the risk of denting efforts to stimulate their flagging economies.Saudi Arabia, the UAE, Qatar and Bahrain all ...

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UK jobless rate holds at lowest since 1975

Related Articles LONDON: Britain’s unemployment rate remains at a 42-year low, official data showed Wednesday, but workers’ wages are still failing to keep pace with inflation.The jobless rate — or the proportion of the workforce that is unemployed — stood ...

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