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The Latest Breaking News from Inflation

UK inflation hits 40-year high amid Russia's war in Ukraine

Britain’s inflation rate rose to the highest level in 40 years last month as Russia's war in Ukraine fueled further increases in food and fuel prices

The Independent UK · May 18, 2022

AP News Digest 3:40 am

Here are the AP’s latest coverage plans, top stories and promotable content. All times EDT. For up-to-the minute information on AP’s coverage, visit Coverage Plan at https://newsroom.ap.org.

The Independent UK · May 18, 2022

Cost of living rising at fastest rate in 40 years as inflation hits 9%

A big rise in inflation has come after energy bills soared in April but there is a warning that it may get worse

Chronicle Live · May 18, 2022

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FTSE 100 Live: Inflation jumps to 9% after energy bill hike, RPI at 11.1%

Inflation today jumped to a 40-year high of 9% after cost of living pressures were fuelled by April’s big rise in energy bills.

Evening Standard · May 18, 2022

Inflation hits 'worrying' nine per cent as cost of living soars

Labour calling for an emergency budget

Wales Online · May 18, 2022

Inflation hits 40-year high of 9% as cost of living crisis deepens

Prices rose at the fastest rate since 1982 in April as the energy price cap jumped and the price of fuel soared

Evening Standard · May 18, 2022

Inflation reaches fresh record high at 9 per cent

Rising prices are set to cause the biggest drop in living standards since the 1950s

The Independent UK · May 18, 2022

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UK inflation hits 40-year high of 9% as cost of food and energy rockets

Spiralling inflation, fuelled by rising petrol and food prices, is hitting the pockets of UK households with the invasion of Ukraine being blamed for rising oil prices

Daily Mirror · May 18, 2022

Inflation hits all-time record high as cost-of-living crisis surges

New data from the Office for National Statistics has revealed the worrying figures

Manchester Evening News · May 18, 2022

UK inflation hits 40-year high of 9% as cost of food and energy soars

Headline CPI rate fuelled by increase in household bills and rising transport costs

The Guardian - UK · May 18, 2022

Poorest UK households facing highest inflation rates as cost of living crisis deepens – as it happened

UK inflation hits 9%, its highest level since 1982, with food inflation highest since 2011

The Guardian - UK · May 18, 2022

Asia stocks mixed after Wall St gain, Powell warns on rates

Asian stock markets are mixed after Wall Street rose and the Federal Reserve's chairman said it will raise interest rates further if needed to cool inflation

The Independent UK · May 18, 2022

Health, climate to feature in NZ budget

New Zealand Finance Minister Grant Robertson will deliver the fifth budget of Jacinda Ardern's two-term government on Thursday.

AAP · May 18, 2022

Budget repair starts with grants: Albanese

In an address to the National Press Club, Anthony Albanese has promised to return $750 million to the budget to pay back rising debt.

AAP · May 18, 2022

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The Guardian - AU · May 18, 2022

Real incomes shrink as wages growth of 0.7% in March quarter falls behind inflation

Labor says figures released by the ABS show gap between wage growth and cost of living increases in Australia is now the largest in more than two decades

Benzinga · May 18, 2022

Bitcoin, Ethereum, Dogecoin Gains Trail Stocks — Fed Chair Warns Of Pain Yet To Come In Fight Against Inflation

Bitcoin and other major digital coins were in the green at press time, as the global cryptocurrency market cap increased 2.7% to $1.3 trillion.

The Canberra Times · May 18, 2022

Inflation overtakes wages as fuel, food costs soar

Australian wages have not kept pace with inflation.

The New Daily · May 18, 2022

Morrison says his ‘bulldozer’ approach has served Australia well

Scott Morrison says being a “bulldozer” has served Australia well during the pandemic – despite the country's surging pandemic death rate.

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Insider UK · May 17, 2022

Retail sector faces ‘bumpy road’ amid cost-of-living crisis

Recovery in high street shopping tempered by rising pressures on consumer spending

Tribune News Service · May 17, 2022

Home Depot revenues up in strong start to year

Home Depot had sales of $38.9 billion during the first quarter of its fiscal year, powering through inflation with a continued surge of demand from consumers who want to buff up their homes, the company reported Tuesday.

Tribune News Service · May 17, 2022

Powell says Fed will ‘keep pushing’ until inflation comes down

Federal Reserve Chair Jerome Powell, in his most hawkish remarks to date, said the US central bank will raise interest rates until there is “clear and convincing” evidence that inflation is in retreat.

The Independent UK · May 17, 2022

Cost of living crisis: Labour set to force Commons vote calling for emergency budget

Party will seek to put pressure on Tory MPs as cost of living crisis bites

Bangkok Post · May 17, 2022

Private sector applauds decreasing excise levy

The business sector has welcomed the government's latest decision to cut the diesel excise tax by 5 baht per litre for two months, claiming if diesel prices were left unharnessed, it would add to people's hardships and negatively affect the country's exports.

StockNews.com · May 17, 2022

2 Enterprise Software Stocks to Scoop Up in the Sell-Off

Investors' concerns over multi-decade-high inflation, the Federal Reserve’s interest rate hikes, and disappointing earnings by tech giants have caused a massive tech sell-off. However, given the enterprise software industry's solid growth prospects, we think it could be wise to scoop up shares of enterprise software companies Workday (WDAY) and Veeva…

WEKU · May 17, 2022

For businesses in Manhattan's Chinatown, inflation is a tough economic hurdle

Many businesses have relied on high sales volume to make a profit, but higher costs for wholesale goods and dwindling inventory because of supply chain disruptions are forcing them to raise prices.

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