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The Latest Breaking News from Inflation

Harris Campaign Highlights Decrease In Inflation Rates

Harris campaign optimistic about drop in inflation rate, criticizes Trump's policies, and outlines economic plan priorities.

Top News

Inflation: commuters brace for rail ticket hikes amid calls to cap fares ...The Standard podcast

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Evening Standard

OPINION - Jack Monroe was right – 'cheapflation' really did hit the poorest households

Every month, our friends at the Office for National Statistics (ONS) publish the latest annual inflation rate, which measures the change in the price of regularly purchased products compared with the same time the previous year. Today, that figure (or rather, July's figure) was 2.2 per cent, slightly up on June…

Evening Standard

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US Consumer Inflation Sees Smallest Annual Rise Since 2021

US consumer inflation eased slightly in July, according to government data published Wednesday, its smallest 12-month increase since March 2021 and a positive sign for the Federal Reserve as it weighs cutting interest rates.

International Business Times

The RBA and its critics claim Australia’s economy needs to be slowed down. But the data shows both are wrong

Treasurer Jim Chalmers is right to argue the economy is already slow enough

The Guardian - AU

US Consumer Inflation Records Smallest Annual Rise Since 2021

International Business Times

Inflation below 3 percent for the first time since 2021

Inflation in July was 2.9 percent - below 3 percent for the first time in more than three years

The Independent UK

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Inflation At Lowest Level In Three Years

US inflation hits a 3-year low at 2.9%, easing consumer burden. Federal Reserve monitoring for potential interest rate cuts.

Top News

US inflation dipped in July as Federal Reserve expected to cut interest rates

Prices rose at an annual rate of 2.9% in July, as inflation dipped below 3% for the first time since 2021

The Guardian - US

Here's how the Bank of England must handle rising inflation

City Voices: The MPC should be more worried about inflation falling below target

Evening Standard

Markets Extend Gains As US Inflation Data Boost Rate Hopes

Most equities marched higher Wednesday after hopes for a Federal Reserve interest rate cut next month were boosted by data showing US wholesale prices rose less than forecast last month.

Latin Times

Jeremy Hunt accuses Rachel Reeves of preparing to use inflation rise as cover for ‘planned’ tax hike

Shadow chancellow took a swipe at the woman who replaced him last month, saying she must not use the latest data to bring in ‘tax rises she had planned all along’

The Independent UK

OPINION - The Standard View: What if punctuality rose in line with rail fares?

Every monthly inflation figure matters, but today’s will be of particular interest to rail passengers. Traditionally, July’s inflation number has been used to determine fare rises. Given a figure of 3.6 per cent, the traditional formula of RPI plus one per cent would equate to a 4.6 per cent increase.

Evening Standard

Inflation: The everyday supermarket items that have gone up in price

Items that have seen a slowing of inflation include crisps, coffee, eggs and bread

The Independent UK

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The Independent UK

What rising inflation means for you and what happens next

Has anything actually got cheaper?

The Independent UK

UK’s poorest households felt brunt of rising food prices in cost of living crisis

It comes as fresh inflation data from the Office for National Statistics found that inflation ticked up to 2.2 per cent in July

Barchart

Stock Index Futures Tread Water as Key U.S. Inflation Data Looms

September S&P 500 E-Mini futures (ESU24) are up +0.02%, and September Nasdaq 100 E-Mini futures (NQU24) are down -0.09% this morning as market participants held back from making any big bets ahead of the release of the U.S. consumer inflation report.

The Guardian - UK

Bank of England could still cut interest rates again despite rise in inflation

July fall in service sector and core inflation may open door for policymakers to make reduction

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International Business Times

Japan PM Kishida, Once A Safe Pair Of Hands, Fumbles Top Job

Japan's Prime Minister Fumio Kishida was seen as a safe pair of hands when his party installed him three years ago, but he soon became a liability as scandals and inflation eroded his popularity.

The Independent UK

Inflation rises to 2.2% for first time this year in blow to interest rate cut next month

Rise likely spells end for any hopes for further rate cut in September

The Guardian - UK

Ending sexual violence on public transport is ‘absolute priority’, says minister – as it happened

Louise Haigh speaks out after figures showed a 50% increase in incidents in the last two years

The National (Scotland)

Inflation rises for first time this year after months of steady decline

INFLATION has risen for the first time this year following months of steady decline ...

Evening Standard

Rate of inflation rises to 2.2% in July in first increase this year

Government statisticians say the rise was mainly caused by gas and electricity prices

The Guardian - UK

UK inflation rises to 2.2% in first increase since December

Annual rate in July climbs back above Bank of England target of 2%, ONS figures show

The Guardian - UK

‘We can’t handle a war’: poor and broken, Beirut’s residents dread the arrival of fresh conflict

With nearly half the population in poverty and inflation at 40%, concerns are rising that Lebanon is ill-prepared for any escalation in the Israel-Gaza war

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