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The Latest Breaking News from Inflation

Amid Bustling Streets, Americans Carry Quiet Worries About The Economy

The University of Michigan's consumer-sentiment index fell to 55.4 in September, its lowest since May, reflecting growing worries about job security, rising costs and inflation.

International Business Times

Shoppers ‘feeling the squeeze’, says Morrisons as food prices rise further

Boss Rami Baitieh said inflation has ‘increased further’ over the past two months as the grocer reported slowing sales.

Evening Standard

Food prices are still rising despite inflation holding steady. Here’s why

August’s inflation rate of 3.8 per cent means that if an item cost £100 a year ago, it would now cost £103.80

The Independent UK

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US Retail Defies Gravity: Consumers Keep Spending Despite Economic Storm Clouds

Analysts caution that the boost may be partly due to higher prices, amid rising inflation and tariffs.

International Business Times

Choice of inflation-beating savings accounts ‘lower than a year ago’

Moneyfactscompare.co.uk said it is essential for savers to shop around to avoid losing money in real terms.

Evening Standard

The economy's prospects are reliant on the 'fortunes of the well-to-do' says Moody's, if the ultra-rich get nervy that means recession

Mark Zandi says of the rich: "If they turn more cautious, for whatever reason, the economy has a big problem."

Fortune

Eurozone inflation comes in softer than expected in August, at 2%

Inflation is now in line with the target set by the European Central Bank. As economic growth remains robust, more rate cuts from the ECB aren't likely to come soon.

Euronews

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Why are food prices rising and what does it mean for me?

August’s inflation rate of 3.8% means if an item cost £100 a year ago, it would now cost £103.80.

Evening Standard

House price growth cools as ‘pressures from mortgages and rental prices bite’

The average UK house price increased by 2.8 per cent in the 12 months to July, slowing from 3.6 per cent in the year to June

Evening Standard

House price growth cools as experts issue warning

The average UK property value now stands at £270,000

The Independent UK

UK inflation remains nearly double the target before BOE rate decision

Stubbornly high inflation has been one of the reasons why the Labour government's poll ratings have fallen sharply since it came to power in July 2024.

Euronews

Examples of where inflation jumped in August – and where it eased

Food price inflation is running at its highest level for 18 months.

Evening Standard

Are YOU Getting an Inflation Refund? New Yorkers Set to Receive Up to $400 Cheques Automatically This Month

Over 8 million New Yorkers will automatically receive state-funded inflation refund cheques of up to $400 this autumn, aimed at easing pressure from soaring living costs under Governor Kathy Hochul's 2025–26 budget plan.

International Business Times

Experts share inflation warning as food and drink prices rise

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The Independent UK

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The Independent UK

UK inflation remains nearly double target ahead of expected interest rate hold

Inflation in the U.K. held steady at 3.8% in the year to August, a day before the Bank of England is widely expected to keep interest rates on hold

Evening Standard

Amazon announces above inflation pay rise for staff

Annual salaries for frontline employees will start at a minimum of £29,744 and up to £31,824 depending on location.

The Guardian - UK

UK overall inflation remains at 3.8% in August, but food price growth climbs for fifth month in a row - as it happened

Food prices rise at fastest rate since January 2024 with vegetables, milk, cheese and fish going up; US Federal Reserve widely expected to cut rates later today

Evening Standard

UK inflation rate: Rising price of milk, beef and coffee hits shoppers in new cost-of-living squeeze

Some of the biggest price rises seen in everyday staples as economists fear food inflation could peak towards the end of the year

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The Independent UK

Inflation holds steady but soaring price of beef, coffee and chocolate drives up food bills

The rate remained unchanged in the year to August, in line with economist expectations

Evening Standard

UK inflation remains at 3.8% but food price rises accelerate for another month

The rate of Consumer Prices Index was 3.8% in August, the same as July, the Office for National Statistics said.

Evening Standard

FTSE 100 Live 17 September: Food prices blow, Barratt Redrow flags Budget delay risk

The UK’s annual rate of inflation has stayed at the highest level since January 2024.

The Guardian - UK

UK inflation holds steady at 3.8% as fuel prices offset falling air fares

Annual August rate released as Bank of England considers holding interest rate at 4% to tackle rising prices

International Business Times

Asian Stocks Swing As Traders Bide Time Ahead Of US Rate Decision

Asian stock markets were mixed Wednesday as investors bided their time ahead of an expected US interest rate cut later in the day.

International Business Times

US Fed Set For First Rate Cut Of 2025 As Trump Pressure Looms

The US Federal Reserve is poised to make its first interest rate cut of 2025 on Wednesday, but it battles competing forces in the path forward -- with heightened political pressure and likely divisions among its ranks.

The Independent UK

University students facing ‘never-ending cost-of-living crisis’

A survey by Save The Student has found average parental contributions to student costs have fallen this year to the lowest reported since 2021.

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