Japan’s core consumer inflation benchmark hit a fresh four-decade high last month as companies continued to pass on rising costs to households, government data showed on Friday. The nationwide consumer price index (CPI), which excludes volatile fresh food but includes energy costs, jumped 3.7% in November from a year ago, in line with market forecasts…

Britain’s real wages, which factor in inflation, are expected fall back almost to a two-decade low The average pay of a British employee next year will drop to a level last seen in 2006, according to the latest report on the UK economy by multinational consultancy PwC, released earlier this week.

Foreign information technology (IT) companies that have left the Russian market following Western sanctions this year lost roughly $10 billion in profits, the head of Russia’s Ministry of Digital Development, Communications and Mass Media, Maksut Shadaev, said on Tuesday.