The Latest Breaking News from Inflation

The cost of living crisis means bolder budget decisions are needed to lift more NZ children out of poverty

Urgent and bold – transformative even – budget decisions are needed if we are to get serious about the cost of living crisis and what it means for families and children living in or on the edge of poverty.

The Conversation · May 16, 2022

Alan Kohler: The time for lazy, comfortable government is over

If Treasurer Josh Frydenberg loses his seat on Saturday his best legacy could end up being his commissioning of a review of Australian productivity.

The New Daily · May 15, 2022

Tory MPs to grill Bank of England governor over high inflation

Andrew Bailey’s appearance at select committee will come amid work from chancellor to find new ways to ease cost of living

The Guardian - UK · May 15, 2022

NHS prescription prices frozen to help ease cost-of-living crisis

Health Secretary Sajid Javid has confirmed the fees which normally rise in line with inflation will not change this year

Liverpool Echo · May 15, 2022

Paul Keating attacks Coalition’s super for housing policy as economists warn of soaring prices

A Coalition plan to allow first-home buyers to use their superannuation to buy property has been slammed by Paul Keating as a "frontal assault" on super.

The New Daily · May 15, 2022

Biden’s midterm hopes bedeviled by signs of economy in distress

President Joe Biden’s hopes for a political reset have been overwhelmed by an unrelenting series of economic setbacks, adding to the challenges Democrats face as they court exhausted voters ahead of the crucial midterm election in November.

Tribune News Service · May 15, 2022

Inflation on the rise in France, driven by rising cost of food and energy

Inflation is creeping up in France, as it is in many parts of the world, but economists point out that not all prices are increasing. However, consumers are feeling the pinch, because the products that are most impacted are daily necessities, like petrol and food.

Radio France Internationale · May 15, 2022

NHS prescription charges frozen amid cost of living crisis to 'put money back in people’s pockets'

Meanwhile, ministers have been resisting calls for a windfall tax on the profits of the energy companies which have been swollen by rising oil and gas prices

Manchester Evening News · May 15, 2022

Tory peer calls for welfare boost to counter cost of living crisis

Asda chairman Stuart Rose says universal credit uplift and honesty over Brexit are crucial to combat ‘national economic emergency’

The Guardian - UK · May 15, 2022

Australian prime minister launches campaign days before poll

Australia’s embattled prime minister has officially launched his conservative party’s campaign less than a week before elections, highlighting the nation’s early success in containing the pandemic and its strong economic recovery

The Independent UK · May 15, 2022