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The Latest Breaking News from Inflation

The Checkout Surprise More Families Are Noticing at Major Grocery Chains

The traditional grocery shopping experience is undergoing a massive and highly frustrating transformation behind the scenes. Shoppers across the country are noticing that their weekly grocery runs are slowly becoming more complicated and significantly more expensive. While inflation is definitely playing a major role the actual mechanics of the supermarket…

Grocery Coupon Guide

I Asked ChatGPT Which Retiree Expenses Will Rise Most in 2026: Here’s What It Said

To identify where retirees may feel the most financial pressure, I asked ChatGPT to take a closer look at the retiree expenses most likely to increase in 2026.

GOBankingRates

Reeves warns of risk of higher energy bills as Iran war sends oil and gas prices soaring

Gas prices have almost doubled since the start of the attacks on Iran

Evening Standard

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Why natural gas prices has spiked by 93 per cent and what the impact might be for UK

A Qatari gas plant shutting has stoked fears of an energy crisis as attacks across the Gulf continue

The Independent UK

2 Reasons Middle-Class Tax Refunds Might Feel More Like Stealth Stimulus Checks This Year

Some middle‑class tax refunds may be bigger this year, thanks to tax cuts and inflation adjustments. Here’s why your refund might feel like extra cash.

GOBankingRates

Spring Statement 2026: Key points from Rachel Reeves' economic update to MPs

The Chancellor told MPs of the latest projections for GDP, inflation, unemployment and borrowing

Evening Standard

Stop Saving for a Down Payment Until Mortgage Rates Stabilize

Mortgage rates shape affordability more than almost any other factor in home buying. A one-point swing can add hundreds of dollars to a monthly payment and tens of thousands in long-term interest. Yet many people continue pouring every spare dollar into a down payment fund as if the only variable…

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Eurozone inflation sees unexpected rise: Is the worst yet to come?

Eurozone inflation rose to 1.9% in February, above expectations, before Middle East tensions sent oil and gas prices sharply higher.

Euronews

Jamie Dimon has a feeling inflation will be the 'skunk at the party'—and the Iran conflict may already be enough to scare off the Fed for good

“We look at risk, at the broad range of outcomes, and there are negative outcomes. One of them would be inflation. I call it the skunk at the party,” Dimon said.

Fortune

Target reports another quarter of declining sales but says it sees some green shoots

Target reported another quarter of lower sales and profits as the discounter struggles to regain its footing in an environment where it has faced still-high inflation and shopper boycotts

The Independent UK

S&P Futures Plummet as Middle East Conflict Fuels Inflation Fears

March S&P 500 E-Mini futures (ESH26) are trending down -1.77% this morning as the Middle East conflict has entered its fourth day with no signs of de-escalation, driving oil prices higher and stoking inflation concerns.

Barchart

Strait of Hormuz Closure is a Guaranteed Global Recession, Inflation Risks Surge on Rising Oil Prices

The closure of the Strait of Hormuz could impact global energy supply chains and drive up oil prices, which analysts believe could lead to a worldwide recession.

International Business Times UK

Iran war casts a pall over UK economic update

With oil prices soaring and stocks tanking, the fast-evolving Iran war has cast a pall over the economic forecasts that British Treasury chief Rachel Reeves is set to unveil later Tuesday

The Independent UK

Greggs boss blames weight-loss drugs and ‘tough’ conditions as profits slump

The bakery giant’s boss anticipates that ‘easing inflationary pressures’ will boost consumer spending

The Independent UK

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Evening Standard

Greggs warns conditions ‘still tough’ for shoppers after slump in profits

Boss Roisin Currie said that ‘easing inflationary pressures’ should boost consumer spending this year.

The Guardian - UK

Surprise jump in UK grocery inflation makes interest rate cut less probable

ECB says Middle East war could cause higher inflationary pressure and warns of potential ‘sharp drop in output’

Evening Standard

Soaring oil and gas prices threaten new inflation headache for Reeves

Qatar produces a fifth of the world’s LNG and is the biggest supplier to Asia

Evening Standard

Grocery price inflation rises to 4.3% in blow to households

The increase follows four consecutive months of falls, according to Worldpanel by Numerator figures.

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The Guardian - UK

Iran conflict could have ‘very significant’ impact on UK economy, OBR warns; FTSE 100’s biggest fall in 11 months – as it happened

Spring forecast show UK unempoyment to peak higher than feared, as tax take heads for a record, but headroom against fiscal rules has increased

The Independent UK

Iran attacks threaten US economy with more uncertainty around inflation, growth

The U.S. and Israeli attacks on Iran add yet more question marks around a U.S. economy already buffeted by on-and-off tariffs, weak hiring, and lingering inflationary pressures

The Conversation

Why surging oil prices are a shock for the global economy – but not yet a crisis

Global oil markets have reacted swiftly to escalating tensions in the Middle East as the United States and Israel continue their assault on Iran.

AAP

Australian shares drop as conflict realities set in

ASX shares have given way after an optimistic start to the week as investors braced for more impacts of the Middle East conflict on oil prices and inflation.

The Guardian - AU

‘Live’ chance of interest rate hike at March RBA meeting amid oil price spikes affecting inflation, governor says

Michele Bullock not ‘making a prediction’, but cites rise in oil prices due to attacks on Iran and tight labour market as factors in possible cash rate rise

The Independent UK

Shop price inflation eases – but food costs are still up from a year ago

Consumers are paying 3.5 per cent more for food than a year ago

Evening Standard

Shop price inflation eases but food costs still 3.5% up on a year ago

Overall shop inflation fell slightly to 1.1% from January’s 1.5%, according to the British Retail Consortium and NIQ.

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