OTTAWA—Canada’s central bank says businesses and consumers are increasingly convinced that the pace of price increases will continue for the foreseeable future. The Bank of Canada said Monday that its pair of quarterly surveys of businesses and consumers show respondents expect the annual rate of inflation to remain above the Bank of Canada’s two percent…
Bank of Canada Survey Suggests Businesses, Consumers Expect High Inflation for Longer
Australians Call for Free Rapid Antigen Tests: Survey
More Australians believe the government should provide free COVID-19 rapid antigen tests (RAT), according to a recent survey by the Australia Institute, a public policy think tank based in Canberra. The survey, which polled a representative sample of 1,000 Australians between Jan.11 and 14, found that 72 percent of respondents believed RATs should be distributed…
Manufacturing Output Decreases Pace Due to Persistent Material Shortages: IHS Markit Survey
U.S. manufacturing output has slowed down, according to data from a survey of purchasing managers amidst restrained demand in the market, mainly owing to severe material shortages that have resulted in longer production lead times and work backlogs. “With the exception of October and November, the pace of output growth was the slowest since October…
Aussies More Lonely This Festive Season Than Last: Survey
This time of year is usually when families and friends get together to celebrate but Australians are feeling more lonely coming into the festive season, new data from the Australian Red Cross has found. According to the annual survey of 1000 people, 33 percent of people feel lonely in the lead-up, and during, the festive…
Auto Executives Expect EVs Will Own Half of US, China Markets by 2030: Survey
DETROIT—Auto industry executives expect electric vehicles (EV) will make up just over half of new vehicle sales in the United States and China by 2030, and could do so without receiving government subsidies, according to a new survey by accounting and consulting firm KPMG. But combustion vehicles, including hybrids, are expected to retain a significant…
Chinese School Triggers Outcry for Categorizing Students According to Family Background
Chinese media outlets and bloggers have blasted a primary school in northern China for categorizing students based on their family background. While some media criticized the teachers involved, at least one blogger said this is a part of a larger phenomenon. The concern follows a survey form dated Oct. 27, 2021, given to students from…
ECB Survey Shows Euro Zone Inflation Just Below Goal in 2022
FRANKFURT—Euro zone inflation will be higher in the coming years than earlier predicted and will come in just below the European Central Bank’s 2 percent target in 2022, a survey by the ECB showed on Friday. Consumer price growth is now seen averaging 2.3 percent this year and 1.9 percent the next, the Survey of…
Almost a Third of All US Cryptocurrency Holders Own Dogecoin: Survey
According to a recent survey done by the ‘Finder’, the adoption rate of Dogecoin in the United States is nearly double that of the rest of the world. Dogecoin’s adoption in the United States supersedes Bitcoin and Ethereum, with 30.6 percent of crypto owners saying they own Dogecoin. That’s 1.6 times the global average adoption…
US Business Activity Accelerates in October, Shortages Hamper Factories: IHS Markit Survey
WASHINGTON—U.S. business activity increased solidly in October, suggesting economic growth picked up at the start of the fourth quarter as COVID-19 infections subsided, though labor and raw material shortages held back manufacturing. Data firm IHS Markit said on Friday its flash U.S. Composite PMI Output Index, which tracks the manufacturing and services sectors, rebounded to…
COVID-19 Delays Treatment, Worsens Outcomes for Heart and Stroke Patients: Survey
Canadians suffering from heart disease and stroke are facing delays in diagnosis and treatment due to the ongoing disruptive impacts of the pandemic on Canada’s health care system, according to a new survey of health care professionals and researchers. The national survey, sponsored by the Heart & Stroke Foundation and released Oct. 19, found that 9 out…
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