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The Latest Breaking News from Inflation

8 Grocery Chains Cutting Prices on Essentials Right Now And Where You Will Save the Most

Consumers are exhausted by the relentless surge of food inflation over the past few years. Shoppers are actively abandoning their favorite premium markets in search of cheaper weekly alternatives. Major retail executives finally realize they must lower prices to win back this frustrated customer base. Several prominent supermarkets recently announced…

Grocery Coupon Guide

North Carolina Shoppers These Stores Are Offering Weekly Produce Discounts Right Now

Finding affordable fresh fruits and vegetables is a major challenge for families dealing with high food costs. The produce section is often the most expensive area of the entire neighborhood grocery store. However, residents of the state have access to fantastic regional chains actively fighting this specific inflation trend. Several…

Grocery Coupon Guide

India can't afford rising import dependence on edible oil: Industry body SEA on PM appeal

The Solvent Extractors’ Association of India (SEA) backed Prime Minister Narendra Modi’s appeal to reduce edible oil consumption, saying lower usage would help India curb import dependence, reduce vulnerability to global supply shocks and save foreign exchange amid rising geopolitical and climate risks. SEA said India imports nearly 60% of…

The Economic Times

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Thinktank calls for ‘double lock’ England private rent cap to ease living costs

Influential IPPR proposes capping rents at whichever is lower of consumer price inflation or wage growth

The Guardian - UK

Why PM Modi Suddenly Wants Indians to Work From Home

As fuel prices rise and tensions in West Asia continue to grow, Prime Minister Narendra Modi has made an unexpected appeal to Indians work from home whenever possible, avoid unnecessary travel, and use fuel carefully. For many people, it sounded like a reminder from the Covid era. But behind this…

MyLifeXP

Mature hands for money: India’s next economic reform lies in building financially aware households

India has achieved significant financial inclusion, opening millions of bank accounts and expanding digital payments. However, a new study reveals a gap in financial maturity. Many households struggle with basic financial concepts like compounding and inflation. This limits their ability to make informed decisions, hindering inclusive growth.

The Economic Times

The Social Security Check That Once Covered Everything — What Changed Over the Years

There was a time when a Social Security check could cover rent, groceries, utilities, and still leave room for a small comfort or two. That reality feels almost foreign now, especially as everyday prices continue to climb in ways that stretch even careful budgets. Retirement once carried a sense of…

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FMCG companies bracing for another round of price increases amid inflation

Daily-use products such as soaps, detergents, biscuits, packaged foods and beverages are likely to become costlier as FMCG companies prepare calibrated price hikes amid rising crude oil-linked inflation, higher packaging costs and increasing fuel expenses.

The Economic Times

Crude oil prices likely to stay higher for longer: ADB Chief Economist

Crude oil prices are set to remain high due to the Middle East crisis. This will affect India's economy, lowering GDP growth in FY27. Inflation is also expected to rise significantly. Weather disruptions and fertilizer costs could further impact food prices. India's reliance on imported oil makes it particularly vulnerable…

The Economic Times

Pidilite signals further price hike as West Asia crisis fuels 40-50% raw material inflation

Pidilite Industries is planning another price increase for its products. This move comes as raw material costs surge due to ongoing geopolitical tensions in West Asia. The company, known for brands like Fevicol, has already implemented price hikes earlier. Pidilite aims to manage these costs while focusing on growth and…

The Economic Times

22k gold rate today: Check 24k, 22k, 18k gold prices (May 8, 2026) on Malabar Gold & Diamonds, Joyalukkas, Tanishq, Kalyan Jewellers and IBJA

Gold and silver prices remained largely unchanged on May 8, 2026, following an uptick driven by easing inflation concerns and potential US-Iran peace talks. Experts predict gold could reach $4,800-$4,850, while silver eyes $85, with markets awaiting key economic data.

The Economic Times

Gold vs oil: Which offers better protection from rising prices during the Iran war?

Conventional wisdom holds that gold protects investors during war and inflation. The Iran conflict has turned that assumption on its head. Since the outbreak of the war, Brent crude has rallied 37%, while gold has fallen 10%. The driving force is interest rates, not geopolitics.

Euronews

Silver gains Rs 2,361, gold near Rs 1.53 lakh amid hopes of Iran peace talks. What should investors do?

Gold and silver prices rose on MCX amid easing inflation concerns and optimism over a potential U.S.-Iran agreement. Silver gained Rs 2,361, while gold approached Rs 1.53 lakh. Analysts expect continued volatility driven by global cues, with key support and resistance levels guiding near-term trading strategies.

The Economic Times

Heat waves spell more trouble for oil-hit Asia

Asia faces a new inflation threat from El Niño as rising temperatures and dry weather are all set to increase food costs. This comes on top of existing oil price shocks. Countries like the Philippines and Pakistan are already seeing high inflation. El Niño is expected to intensify these pressures…

The Economic Times

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AAP

'Spendthrift' sandgropers trigger GST allowance critics

The scale of cash handouts in the Western Australian budget has infuriated some economists, who argue they are provocatively inflationary.

Barchart

If You Want to Know How Much Inflation Has Really Hurt U.S. Consumers, Skip the CPI and Study Big Mac Burger Prices

This analysis explores the gap between official core CPI and real-world costs using the Big Mac as a constant. Hedonic adjustments create a statistical illusion of growth while masking a long-term decline in purchasing power.

Barchart

Dollar Slips with Crude Oil on US-Iran Peace Hopes

The dollar index (DXY00 ) today is down by -0.14% but remains above Wednesday's 2.5-month low. Optimism that a peace deal between the US and Iran is imminent is curbing safe-haven demand for the dollar today. Also, today's -4% decline in crude oil prices eases inflation expectations and could prompt...

International Business Times

Fed Officials Voice Growing Concern Over Inflation And Supply Chain Pressure From Iran War

Officials at the Federal Reserve are increasingly concerned over the economic fallout from the US-Israeli war with Iran, with several of them warning that inflation risks are becoming harder to contain as the conflict drags on.

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Salon

"Affordability hoax" could doom Trump

A stagnant economy and a crisis in Iran doomed one president. Donald Trump could be next

Barchart

Stocks Steady Before the Open as Investors Await U.S.-Iran Updates; Earnings and Economic Data on Tap

June S&P 500 E-Mini futures (ESM26) are up +0.03%, and June Nasdaq 100 E-Mini futures (NQM26) are down -0.01% this morning as investors await the outcome of diplomatic efforts aimed at ending the Iran war.

Kiplinger

3 Questions To Ensure Your Retirement Nest Egg Is Inflation-Proof

The price of everything from food to gas is rising, but that doesn't have to derail your retirement plans. Ask yourself these three questions to make sure you are still on the right track.

The Economic Times

22k gold rate today: Check 24k, 22k, 18k gold prices (May 7, 2026) on Malabar Gold & Diamonds, Joyalukkas, Tanishq, Kalyan Jewellers, IBJA

Gold and silver prices surged on Thursday, May 7, 2026, driven by easing global inflation concerns and positive diplomatic signals between the US and Iran. This de-escalation prospect led to a significant rally in both precious metals, with gold and silver rising 3% and 6% respectively.

The Economic Times

RBI likely to hold rates in June: HSBC

The Reserve Bank of India faces a tough choice in June. Economists predict no interest rate changes as the economy deals with rising energy costs and unpredictable weather. The RBI must balance fighting inflation with keeping economic growth strong. Any rate hikes are likely delayed until global supply chains stabilize…

The Independent UK

Liverpool alter their future ticket pricing plans after backlash from supporters

The club announced in March that general admission tickets would rise with inflation for the next three seasons, sparking protests.

The Independent UK

Warning ‘dramatic’ rise in food prices ahead as farmers feel the squeeze from Iran war

Fertiliser costs ‘problem for the world’, warns farming group controlled by Duke of Westminster

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