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The Latest Breaking News from Inflation

Budget ‘papers over cracks’, say economists as UK growth forecasts downgraded

The Office for Budget Responsibility also pointed to a worsening short-term picture for inflation and unemployment.

Evening Standard

Reeves’s tax-raising budget is crash-landing on an economy that is struggling for growth

Bond vigilantes may be reassured but the jury is out for households and businesses

The Guardian - UK

Feel like your paycheck isn’t going as far as it used to? A new study may explain why

A recent survey revealed 46 percent of consumers believe it will take until March 2026, or later, to recover from holiday spending

The Independent UK

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'Very positive news': ray of light post inflation shock

Equipment investment in Australia's IT sector almost doubled in three months amid a surge in data centre projects, which could help revive productivity growth.

AAP

No ‘illegals’, less inflation and America first: Stephen Miller’s thankful list revealed

President Donald Trump’s immigration hardliner hails MAGA in Thanksgiving message – and reveals he does not help his family prepare their holiday dinner

The Independent UK

More Americans Are Turning To Thrift Shops To Buy Clothing, With Gen Z Leading The Way

Gen Z is leading the thrift shop boom, and older generations are joining them, thanks to inflation and tariffs. The shift to thrift shopping can create new business opportunities that add more flexibility to people's budgets.

Benzinga

The latest inflation figures offer no joy – except to the gas producers whose windfall profits remain largely untouched

The boom in world gas prices due to the Russian invasion of Ukraine has led to energy companies making out like bandits

The Guardian - AU

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How does freezing income tax thresholds affect your own tax bill?

Rachel Reeves is freezing tax thresholds in an attempt to plug the hole in the public accounts. Find out how it affects your tax bill

The Guardian - UK

UK faces higher inflation and record tax burden in bleak new forecast

Leaked forecasts from the Office for Budget Responsibility (OBR) predict higher inflation and unemployment for the UK in 2025 and 2026 than previously expected. The OBR also indicated that economic growth will be weaker from 2026 until the end of the current Labour government, with the tax burden continuing to…

The Independent UK

Fuel duty to increase for first time since April 2010

Fuel duty is set to increase for the first time in 16 years, with the current 5p per litre cut extended only until September 2026 before being reversed through a staggered approach. From April 2027, the Government plans to increase fuel duty rates annually in line with the Retail Price…

The Independent UK

Inflation and unemployment forecasts hiked as tax burden to hit record – OBR

It came as the UK’s official forecaster also reported that economic growth will be weaker than expected from 2026.

The Independent UK

Gold's 55% Rally Today Turns Into a 'Debasement Trade' Stampede— Investors Fear It's Only the Beginning

Fed Officials Signal Rate Cut, Gold Rises, Dollar Falls

International Business Times UK

Top Economist Says Trump's Tariff Rollbacks Are A 'Remarkable Admission' That His Policies Raised Prices

President Donald Trump's recent decision to roll back specific tariffs to combat soaring consumer costs constitutes a “remarkable admission” that his signature trade policies have directly fueled inflation, argues prominent economist Justin Wolfers.

Benzinga

Getting an Inflation Refund Check? 5 Best Ways To Invest It

Getting an inflation refund check? Discover five smart ways to invest it for long-term growth and financial security without wasting a dollar.

GOBankingRates

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The Guardian - AU

Afternoon Update: Chalmers flags energy bill relief as inflation jumps; legal battles over Giuffre estate; and Robert Irwin’s reality TV win

Inflation climbs 3.8% in the year to October with childcare costs and rent among the drivers

The Conversation

Inflation jumps in October, adding to pressure on government to make budget savings

Annual inflation rose to a 16-month high of 3.8% in October, adding to pressure on the government as it seeks to make savings across the public sector.

The Guardian - UK

Rachel Reeves’s high-stakes autumn budget in five key charts

Chancellor to set out tax and spending plans shaped by weak productivity, high borrowing costs and cost of living crisis

AAP

AI could push up the RBA's neutral interest rate level

A Reserve Bank official says the neutral rate may have increased since the pandemic, which would limit how far rates could be cut without adding to inflation.

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news in one place.

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AAP

Shares' rally fades as hot price growth dampens mood

The Austealian share market has clocked a third straight day of gains, but sticky inflation snuffed hopes of future interest rate cuts.

The Guardian - AU

Reserve Bank could raise interest rates as early as May after inflation climbs to 3.8%

Treasurer Jim Chalmers says government deciding on energy rebate extension in ‘next few weeks’ as cost of living continues to bite

Saving Advice

10 Financial Moves Every Retiree Should Make Before Inflation Surges Again

Inflation erodes purchasing power, making it one of the greatest threats to retirees living on fixed incomes. Rising costs for food, housing, and healthcare can...

Saving Advice

7 Crucial Questions to Ask Your Financial Advisor Before January 1st

The end of the year is a critical moment for seniors to review their finances. Tax rules, retirement distributions, and investment strategies often change in...

Grocery Coupon Guide

10 Smart Ways Middle-Class Shoppers Are Fighting Back Against Grocery Inflation

Middle-class families are feeling the squeeze more than ever as grocery inflation pushes everyday prices higher each month. The cost of essentials continues to rise, leaving shoppers to rethink their strategies and develop smarter habits to protect their budgets. Instead of giving in to higher bills, many families are learning…

Evening Standard

Hospitality bosses hit out at "yet another" above inflation hike in minimum wage in 2026

It also comes as firms are still reeling from Reeves' £25billion raid on employers' National Insurance in last year's Budget.

AAP

Inflation surges as energy rebates run out of gas

Lower energy rebates and higher housing costs than a year ago have propelled the headline inflation rate to its highest level in 16 months.

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