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The Latest Breaking News from Inflation

IMF Projects GCC Growth to Accelerate to 6.4%

The International Monetary Fund (IMF) said the Russian invasion of Ukraine is significantly affecting the growth prospects of the developing economies in the Middle East and North Africa (MENA), while oil-exporting countries benefit from higher crude prices. In its "Regional Economic Outlook: the Middle East and Central Asia," the IMF…

Asharq Al-Awsat

Cost of living crisis sees millions of Brits skipping meals or eating out-of-date food

Food and drink price inflation hit a near-decade high in March and experts warn it is likely to continue rising

Wales Online

Carl P. Leubsdorf: Reality catches up with Biden

All presidents make sincere efforts to implement the detailed programs they advocate in their campaigns. Most succeed at least to some degree.

Tribune News Service

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Rate debate sparks war of words in council

The point of much contention was the decision to apply for a one off 2.5 per cent rate rise

Newcastle Herald

Commentary: Blame Washington, not Putin, for rising prices

How out of control is inflation? One measure says it all: Prices are now rising as fast in one month as they used to rise in a whole year when President Joe Biden took office.

Tribune News Service

Sainsbury’s customers ‘now watch every penny’ as cost of living soars

Supermarket says ‘significant’ cost inflation is denting margins and squeezing customers’ spare cash

The Guardian - UK

Barclays warns inflation and cost of living crisis is hurting customers

Bank puts aside extra cash to cover potential loan defaults amid fears over effects from Ukraine war

The Guardian - UK

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VIDEO: Inflation, Solomons and 'Albo's iso' dominate campaign's third week.

University of Canberra Professional Fellow Michelle Grattan and University of Canberra Associate Professor Caroline Fisher discuss the week in politics.

The Conversation

Universal Credit move will see 400,000 people lose their benefits

And almost a million people who keep their benefits will be left worse off

Liverpool Echo

US economy shrinks unexpectedly; England and Wales insolvencies double; dollar at 20-year high – as it happened

Rolling coverage of the latest economic and financial news

The Guardian - UK

'No housing crisis', says John Howard

As debate rages about inflation, John Howard says there is no housing crisis but acknowledges there are pressures to be resolved in the sector.

AAP

Thursday briefing: The cost of living strategies that could actually work

In this morning’s newsletter: Archie Bland talks to economics correspondent Richard Partington about what more the government could do to help the worst off in society

The Guardian - UK

The cost of living is surging, so why will the RBA add to it by raising interest rates?

The Reserve Bank is increasingly likely to start raising interest rates next Tuesday. But why would it add increased interest costs to household budgets at a time when Australians are struggling with a surging cost of living? Michael Janda explains the economics behind it.

ABC News

Inflation sparks power price hike debate

Inflation rising to 5.1 per cent has consumers worried about what it will mean for their power bills and hip pockets as the government works to allay concerns.

AAP

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Bangkok Post

Factory output unexpecedly dips in March

Thailand's factory output unexpectedly dipped in March as higher inflation started to affect industry, while the Russia-Ukraine war remains a key risk, the industry ministry said on Thursday.

Liverpool Echo

Mired in scandal, Boris Johnson has no answers for the country's problems

As he tries to move on from party-gate, the Prime Minister lacks ideas, plans and the will to help the nation out of crisis, writes Liam Thorp

Reuters

Inflation shock, rate rise risk jolt Australia PM's election campaign

Australian Prime Minister Scott Morrison on Thursday blamed the war in Ukraine and COVID-related supply chain disruptions for a record rise in living costs which could jeopardise his chances of winning a national election to be held within weeks.

Newcastle Herald

Live blog: Coalition face economic trouble over increased inflation

The Prime Minister is still campaigning in Queensland today as pressure mounts on the increased inflation rate.

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ABC News

Federal election: Leaders clash over cost of living as record inflation becomes key election issue

Record inflation and cost-of-living pressures continued to dominate the campaign trail, as the major parties took their election pitches to Sydney and Cairns.

Benzinga

EXCLUSIVE: Looking For A Recession- And Inflation-Resistant Investment? Try Strip Clubs And Sports Bars

RCI Hospitality Holdings Inc (NASDAQ: RICK) continues to grow and expand in the adult entertainment, restaurant and bar industry.

Bangkok Post

FPO slashes growth on energy outlook

The Fiscal Policy Office (FPO) has downgraded its 2022 economic growth forecast to an average of 3.5% from 4.0%, mainly because of the Russia-Ukraine war and its effect on domestic energy prices, says FPO director Pornchai Thiraveja.

The Guardian - AU

Morning mail: private schools had ‘extra $10bn funding’, 1.6% of rentals affordable on minimum wage, Putin warns west of retaliation

Thursday: Public schools underfunded by at least $6.5bn a year while non-government schools received transitional funding, report shows. Plus: Emmanuel Macron dodges bag of tomatoes in Paris

Chronicle Live

Cost of living: Five supermarket hacks that can cut hundreds off your shopping bill

With inflation at an all-time high, everyone is looking for ways to save money

StockNews.com

Here's Why Choice Hotels is a Top Pick for the Rest of the Year...

Choice Hotels (CHH) is one of the top hotel stocks due to its unique business model which ensures high margins. Additionally, travel stocks will benefit from pent-up demand for travel in the coming quarters.

Al Jazeera

Timeline: Week nine of Russia’s war in Ukraine

Al Jazeera recaps key events during week nine of Russia’s invasion of Ukraine.

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