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The Latest Breaking News from Inflation

UK households face battle to regain former living standards even if inflation eases

Workers on average incomes are missing out on wage rises as energy bills increase

The Guardian - UK

Checkout.com losses widen to £100 million after 'return of customers to physical retail'

The UK’s most valuable fintech firm today posted a £100 million loss as it blamed high inflation and a normalising of consumer shopping habits after the pandemic for its sluggish growth.

Evening Standard

UK Inflation Holds At 4.0 Percent In January: Data

Higher gas and electricity bills were the main upward contributor to the rate, but this was offset by falling prices for furniture, food and non-alcoholic beverages.

International Business Times

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Ken Clarke says government is setting an ‘extremely dangerous precedent’ with Rwanda bill – as it happened

Former Tory home secretary tells House of Lords he hopes the bill will be struck down as ‘unconstitutional’

The Guardian - UK

UK Inflation Holds At 4% In January: Data

The Consumer Prices Index (CPI) stood at 4.0 percent last month, the Office for National Statistics (ONS) said in a statement.

Latin Times

FTSE 100 Live 14 February: ‘Inflation will be back below 2% in April’, shares higher

The London market’s inflation jitters eased a little today after figures showed consumer prices rose by less than expected in January.

Evening Standard

In January, wholesale prices rose at three-month low pace of 0.27%

India’s wholesale price inflation moderated to 0.27% in January from 0.73% in December 2023, with manufactured products prices dropping 1.1% year-on-year and the price rise in primary articles and food items easing to around 3.8% from over 5% in the previous month.

The Hindu

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Most Of Asia Tracks Wall St Down As US Data Dents Rate Cut Hopes

Most Asian equities sank Wednesday, tracking a sell-off on Wall Street, as a forecast-topping US inflation report dealt a hefty blow to hopes for an early interest rate cut.

International Business Times

Inflation unchanged at 4% in January

Food prices fell for the first time in two and a half years offsetting energy bill hikes

Evening Standard

Wall Street rattled as CPI shows stubborn inflation persists

Learn about the recent CPI report in the US, which shows cooling inflation but rattles Wall Street. Understand its implications and potential impact on the...

Top News

Bank of England governor dampens hopes of interest rate cut

Andrew Bailey says inflation staying at 4% in January was encouraging but more evidence of cooling in wage rises is needed

The Guardian - UK

Bitter Year For Heineken As Inflation Hits Profits, Beer Sales

Dutch brewer Heineken on Wednesday reported a drop in annual profits as beer volumes declined in "challenging market conditions" including high inflation.

International Business Times

UK inflation steady in January; Uber to buy back $7bn in shares after first profit – as it happened

Live coverage of business, economics and financial markets as the UK consumer price index sticks at 4% below economists’ 4.2% forecast

The Guardian - UK

Little love for Aust shares in Valentine's Day sell-off

The local share market finished 0.7 per cent lower and the Australian dollar hit a three-month low following sticky US inflation figures.

AAP

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AAP

Treasury eyes 'rare' full employment opportunity

No evidence of a wage price spiral suggests the jobless rate can stay lower than previously thought sustainable, says the top Treasury official.

International Business Times

Dow Falls 500 Points As Inflation Data Sparks Concerns; Tech Shares Lead Losses

Stocks plummeted by more than 500 points as inflation data surpassed expectations, spurring concerns over Federal Reserve rate cuts.

Kiplinger

Stock Market Today: Dow Sinks 524 Points After January CPI Shocker

Following today's inflation data, the market now expects the Fed to start cutting rates in June vs May.

Top News

US Stock Market Plummets as Inflation Data Sparks Economic Concerns

The U.S. stock market is experiencing a significant drop due to higher-than-expected inflation data. Experts discuss the impact and suggest possible solutions.

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StockNews.com

Are Stocks in a “Sticky” Situation?

The breakout above 5,000 for the S&P 500 (SPY) looked pretty well confirmed on Monday. But on Tuesday investors got an unwelcome memo from the CPI report showing that inflation is a bit too sticky these days. With that stock prices plummeted in a hurry. What happens next? Steve Reitmeister…

Top News

Lower cost-of-living raises for older adults expected due to slowing inflation

Latest News in Business, Lower cost-of-living raises for older adults expected due to slowing inflation 13 Feb,2024 TOP News

Top News

Inflation: Understanding the Difference Between Transitory and Structural Trends

Learn about the differences between transitory and structural inflation in the economy and the potential impacts they can have on various sectors.

Top News

ECB's Lane: Rate cuts contingent on inflation data

ECB Chief Economist, Philip Lane, says that the number of rate cuts by the ECB will be determined by inflation data, providing insights into the central ba...

Kiplinger

January CPI Report: What the Experts Are Saying About Inflation

A hot reading on inflation means interest rates will stay higher for a little longer.

The Hindu

Salutary reminder: On Retail inflation data for January

Policymakers face a challenge to ensure inflation does not rebound and undermine overall macroeconomic stability in India

PC Gamer

World of Warcraft's subscription is about to get almost 3,000% more expensive in Argentina—and it'll 'only get worse with inflation'

Better start grinding for those WoW tokens.

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