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The Latest Breaking News from Inflation

As Trump’s ratings slide, polling data reveals the scale of Fox News’s influence on US politics

Donald Trump’s ratings continue to slide on most issues. Recent Economist/YouGov polling across the US, completed on May 9-12, shows 51% think the country is on the wrong track, while only 45% have a favourable impression of his job as president. On inflation and prices in the shops, only 35%…

The Conversation

Why are doctors threatening strike action over a 4% pay rise?

Ministers previously said they could only afford a rise of 2.8 per cent in 2025-26

The Independent UK

Yields hit housing bubble levels. Get ready for higher rates

A ballooning deficit and higher inflation could keep long-term interest rates elevated.

Fortune

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Japan faces a ‘rice crisis’ as price nearly doubles for food staple

The price of Japanese-grown rice is soaring due to high inflation, low farm yields and a growing tourism sector.

Al Jazeera

Japan Core Inflation Tops Forecasts As Rice Prices Almost Double

Japanese inflation spiked at a two-year high in April, data showed Friday, as rice prices almost doubled, turning focus on the central bank as it mulls more interest rate hikes amid Donald Trump's trade war.

International Business Times

How should central banks respond to US tariffs? The RBA provides some clues

With the return of Donald Trump to the White House, the United States has signalled a return to aggressive tariff policies, upending economic forecasts around the world.

The Conversation

Consumer confidence improves in May

GfK’s survey was taken before Wednesday’s figures showed Consumer Prices Index inflation has jumped to its highest level since January 2024.

Evening Standard

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Inflation is falling - so what does that mean for my mortgage or savings?

Inflation has started to come down across 2025 and 2026 but remains well above the 2 per cent target

The Independent UK

JP Morgan CEO Jamie Dimon says Trump’s tax bill will ‘stabilise things’ - but there’s still one big problem

‘There's a chance that [...] you'll have stagflation,’ the JP Morgan Chase CEO said Thursday

The Independent UK

Voices: It’s all over for interest rate cuts – get your new mortgage deal now

COMMENT: The markets now expect only one more cut over the next year – and lenders are likely to react by raising their prices, writes James Moore

The Independent UK

UK Faces 3.5% Inflation Surge: Rising Household Costs Spark Alarm

Rising energy, water, and travel costs have pushed UK inflation to 3.5%, sparking fears of a deepening cost-of-living crisis. Will relief come before budgets buckle?

International Business Times UK

OPINION - Inflation surprise after ‘awful’ April’s bills hike ...The Standard podcast

Listen here on your chosen podcast platform.

Evening Standard

FTSE 100 treads water after UK inflation jump

The blue chip index rose 5.34 points, or 0.06%, to close at 8,786.46, with miners helping offset heavy losses for retailer JD Sports.

Evening Standard

You would think after nearly three years of being wrong, the RBA might start to question its economics. But no

Now that inflation is back within the target range, suddenly the RBA has rediscovered that it is supposed to also care about full employment

The Guardian - AU

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The Independent UK

Donald Trump is now receiving disapproving marks on nearly every key issue - only scoring well with the border

A recent Marquette Law School poll shows President Donald Trump’s approval is negative on nearly all key issues except border security.

Space

The physics of the universe appear to be fine-tuned for life. Why?

The physical constants of the universe appear to favor the existence of life. So why are we here?

The Conversation

Why your electricity bill is so high and what Pennsylvania is doing about it

Americans’ electricity bills tend to tick up each year in line with inflation.

The Independent UK

How much the average UK house price increased in March and why

Households have been clobbered by a raft of ‘awful April’ bill increases

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news in one place.

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Evening Standard

Why has inflation jumped higher and what does it mean for households?

Official figures showed inflation hit 3.5% in April, up from 2.6% in March and the highest since January 2024.

Euronews

UK inflation jumps to highest in over a year on rising energy bills

Inflation in the UK rose to its highest level in over a year in April, driven by a wave of higher household bills, including energy and water, according to official figures released on Wednesday.

The Independent UK

The reasons behind the latest inflation surge

IN FULL

Evening Standard

Examples of where inflation jumped in April – and where it eased

Gas and electricity both swung from negative annual inflation in March to positive annual inflation in April.

Evening Standard

UK house price growth soared in March as buyers rushed to beat stamp duty deadline

The average UK house price increased by 6.4 per cent in the year to March

The Independent UK

UK house price growth accelerated as buyers rushed to beat stamp duty deadline

The average UK house price increased by 6.4% annually in March, from 5.5% annual growth in February, according to ONS figures.

The Independent UK

UK inflation rises to its highest in over a year after domestic bills spike

Inflation in the U.K. spiked to its highest level for more than a year in April amid higher domestic bills such as energy and water

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