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The Latest Breaking News from Inflation

Small businesses optimistic about growth despite concerns over inflation and hiring

Discover the latest insights from small business data, revealing a mix of optimism and concerns about the economy, inflation, hiring challenges, and growth...

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US Import Prices Spike in January, Largest Gain in Years

In January, US import prices experienced their largest increase in almost two years, suggesting a potential rise in inflation in the country's economy.

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ECB Policymakers Resist Quick Rate Cuts Amid Falling Inflation

ECB policymakers remain cautious about implementing hasty rate cuts despite a decline in inflation, emphasizing the need for a measured approach to policy ...

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EU Cuts Eurozone Inflation, Growth Forecasts For 2024

The European Commission on Thursday cut both its growth and inflation forecasts for the eurozone in 2024, as it warned geopolitical tensions spelled rising uncertainty for the single-currency area's economy.

International Business Times

Australia’s economy likely to slow until stage-three tax cuts, lower interest rates and easing inflation kick in, CBA says

Spending tipped to moderate until households start getting some relief in the middle of the year, CommBank chief economist says

The Guardian - AU

Shrinkflation Is Real—and It's Largely Biden's Fault

The president criticized companies for selling "smaller-than-usual products" whose "price stays the same." But it was his and his predecessor's spending policies that caused the underlying issue.

Reason

Asian Markets Mostly Up, Tracking Wall Street Gains

Most Asian markets rose Thursday, tracking a rebound in Europe and New York and following positive remarks from a senior Federal Reserve official that inflation was headed in the right direction.

International Business Times

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What Is Behind The US Economy's Surprising Strength?

The US has seen GDP growth blow past predictions, hiring numbers surge unexpectedly and consumers still spending even as interest rates climbed -- deftly averting a dreaded recession in 2023.

International Business Times

Soup kitchens in Argentina struggle as inflation pushes them to collapse

Learn how high inflation in Argentina is pushing soup kitchens to the brink of collapse, leading to increasing hunger and food insecurity in the country.

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Argentina's Annual Inflation Soars Above 250% In January

Argentina's monthly inflation slowed slightly in January, but the prices of key goods and services rose 254 percent year-on-year, the statistics agency said Wednesday.

International Business Times

Biden's Handling of Immigration is the Main Reason for his Disapproval Rate: Gallup

Almost 20% of respondents of a poll cited the issue specifically. It was followed by the economy and inflation

Latin Times

Film Produced by Travis Kelce To Benefit From Green Energy Tax Credits

The Inflation Reduction Act of 2022 apportioned billions of dollars for green energy tax credits while also allowing them to be sold to other taxpayers.

Reason

Main Street Small Businesses: Key Players in Determining Inflation Rates

Explore the impact of small businesses on inflation rates and the economy. Discover how Main Street firms play a significant role in price changes and econ...

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Sticky UK Inflation Stokes Bank Of England Rate-cut Debate

British annual inflation steadied last month, official data showed Wednesday, but prices still rose at double the Bank of England's target rate, adding to uncertainty over the timing of an interest-rate cut.

International Business Times

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Travis Kelce finances debut film with renewable energy tax credits

Travis Kelce takes advantage of renewable energy tax credits to finance his debut film, pioneering strategies in the indie film sector.

Evening Standard

Surprise fall in food prices raises hopes for interest rate cut

City markets are now pricing in a 55% likelihood the Bank of England will start cutting rates as soon as June.

The Guardian - UK

UK inflation: which goods and services have changed most in price?

From vegetables to cocoa and holiday centres to restaurants, how the cost of everyday things varies

TechRadar

How to save money on your broadband bill

Tired of high bills and looking to save some cash? We can help.

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The Guardian - UK

UK households face battle to regain former living standards even if inflation eases

Workers on average incomes are missing out on wage rises as energy bills increase

Evening Standard

Checkout.com losses widen to £100 million after 'return of customers to physical retail'

The UK’s most valuable fintech firm today posted a £100 million loss as it blamed high inflation and a normalising of consumer shopping habits after the pandemic for its sluggish growth.

International Business Times

UK Inflation Holds At 4.0 Percent In January: Data

Higher gas and electricity bills were the main upward contributor to the rate, but this was offset by falling prices for furniture, food and non-alcoholic beverages.

The Guardian - UK

Ken Clarke says government is setting an ‘extremely dangerous precedent’ with Rwanda bill – as it happened

Former Tory home secretary tells House of Lords he hopes the bill will be struck down as ‘unconstitutional’

Latin Times

UK Inflation Holds At 4% In January: Data

The Consumer Prices Index (CPI) stood at 4.0 percent last month, the Office for National Statistics (ONS) said in a statement.

Evening Standard

FTSE 100 Live 14 February: ‘Inflation will be back below 2% in April’, shares higher

The London market’s inflation jitters eased a little today after figures showed consumer prices rose by less than expected in January.

The Hindu

In January, wholesale prices rose at three-month low pace of 0.27%

India’s wholesale price inflation moderated to 0.27% in January from 0.73% in December 2023, with manufactured products prices dropping 1.1% year-on-year and the price rise in primary articles and food items easing to around 3.8% from over 5% in the previous month.

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