Third straight month of price growth points to strengthening consumer demand despite falling factory prices
Xi Jinping’s upgrade of ties with Budapest highlights Beijing’s willingness to reward loyalty with investment and trade
Move marks latest effort by Biden administration to protect domestic industry from cheap competition
New envoys first in-person talks in Washington described as ‘in-depth and productive’
But economists warn positive growth data does not mean UK has escaped its low-growth trap
Also in this newsletter: Carmakers shift focus to hybrids, the return to the pub, science round-up
Differences over Russia and economic frictions cast a shadow across Xi Jinping’s tour of European capitals
Also in today’s newsletter, Calpers weighs vote against Exxon chief and the highlights from this week’s Milken Institute conference
First-quarter GDP increase of 0.6% beats expectations in boost for Sunak
Consider its scale, scope and speed
European businesses in China say profits hit by weak demand and increasingly sophisticated local rivals
Companies would face less political scrutiny in a region where ties are mainly centred around economic interests
China’s president gave few concessions and signalled his authoritarian worldview
Bailey hails ‘encouraging news’ on inflation but says ‘more evidence’ needed
Gaps make it much harder to tell how fast inflationary pressures are receding
Inflationary pressures are beginning to wane but not all central banks have taken action yet. See how this affects you
Also in today’s newsletter, an interview with Bridgewater Associates’ new chief, and why does Big Oil hate Biden?
US prices are from Mars and the Eurozone’s are from Venus — or maybe not
Beijing has prioritised high-tech manufacturing as it seeks to offset moribund property market and consumer demand
Swedish central bank governor Erik Thedéen fuels debate on continent’s struggle to boost competitiveness
The EU foreign subsidies regulation is looking to score some notable hits
Also in this newsletter: UK expels Russian defence attaché for spying, Toyota profits drop 20%, regulatory costs hit Uber
Wagers on rising prices point to concerns over potential supply disruptions
Move risks ‘retaliation’ against international brands in the country, German carmaker’s brand chief tells FT car summit
Krona falls against dollar after Riksbank trims main rate to 3.75%, its first reduction for eight years
International Edition