The Latest Breaking News from Inflation

There is little data to support fears of a ‘greenlash’ – instead voters may have other priorities such as inflation or the Ukraine war

May recorded the lowest spending growth since February 2021, Barclays’ snapshot of card activity shows

A 3.75 per cent boost to minimum wages and awards will deliver a small real gain to millions of Australian workers without throwing fuel on the inflation fire.

Africa’s most populous country has ground to a halt as Nigeria’s largest labor unions begin striking to demand a salary increase amid the worst cost of living crisis in decades

Even with Covid wage rises, the gap between the person in the corner office and everyone else keeps getting wider

The typical compensation package for chief executives who run companies in the S&P 500 jumped nearly 13% last year, easily surpassing the gains for workers at a time when inflation was putting considerable pressure on Americans’ budgets

"I have learned that the American people—and maybe people in Europe equally—really hate high inflation. I mean, really viscerally hate high inflation."

Turkey has been battling soaring consumer prices that prompted Erdogan to drop his opposition to interest-rate hikes to combat inflation.

June S&P 500 E-Mini futures (ESM24) are up +0.25%, and June Nasdaq 100 E-Mini futures (NQM24) are up +0.37% this morning as speculation over interest rate cuts by major central banks heightened appetite for risk-driven assets, while market participants looked ahead to a fresh slew of U.S. labor market data,…

The Fair Work Commission has boosted the wages of workers on awards by 3.75%, just a touch above the official inflation rate of 3.6%.

New lower rates of 3.75% and 4.75% respectively are likely to be introduced this week after drops in inflation