The Latest Breaking News from Inflation

FTSE 100 Live: UK economy shrinks, shares slide continues after US inflation shock

Recession fears intensified today as it emerged that the UK economy contracted by a bigger-than-expected 0.3% in April.

Evening Standard · Jun 13, 2022

Eddie Hobbs says Ireland will go into 'firestorm' recession by autumn - and working people will be hit hardest

'Right now, we are in a vortex, on the way to recession. We’re looking at the economy contracting, job losses, business closures. It’s a f**king firestorm'

Irish Mirror · Jun 13, 2022

BoT: Rate rises will be gradual

The central bank governor said on Monday that delaying an interest rate hike too long would not be good as inflation continues to rise.

Bangkok Post · Jun 13, 2022

Cosmetics Maker Revlon Nears Chapter 11 Filing

Revlon Inc. is preparing to file for chapter 11 protection as soon as this week after struggling for years with too much debt, stiff competition in the cosmetics business and more recent inflation and supply-chain pressures, people familiar with the matter said.

Bangkok Post · Jun 12, 2022

Bracing for the inevitable

Thailand is expected to enter a cycle of policy rate hikes in the second half of this year in response to persistently high inflation, according to research houses.

Bangkok Post · Jun 12, 2022

Business optimism sinks to lowest level in over a year

Business optimism has dropped to its lowest level since March 2021 as firms weigh the prospect of continued inflationary pressure and supply chain disruption in the months ahead.

Evening Standard · Jun 12, 2022

It's not just you: Tampons are harder to find — and pricier

Many women say store shelves that once had the menstrual essentials have been sparse for months. When they are available, tampons have been a lot more expensive recently, due in part to inflation.

WEKU · Jun 12, 2022

Turkey Doubles Transaction Tax on Consumer Loans to 10%

Turkey raised the tax on consumer loans amid a surge in inflation and as authorities boosted measures to bolster the lira. The bank and insurance transaction tax rate on consumer loans was increased to 10% from 5%, according to a statement in the Official Gazette on Saturday.

Asharq Al-Awsat · Jun 12, 2022

Confidence likely curbed by rates, prices

A series of confidence readings for consumers and business are likely to have been undermined by the latest interest rate rise and escalating inflation.

AAP · Jun 12, 2022

3 Dividend-Paying Food Stocks to Add to Your Watchlist

With inflation at its highest level since 1981 and rising food prices, the food market should keep benefiting, given its stable demand. With favorable prospects on the horizon, we think dividend-paying food stocks Archer-Daniels-Midland (ADM), Tyson Foods (TSN), and Bunge (BG) could be solid additions to one’s watchlist now.

StockNews.com · Jun 12, 2022