The Latest Breaking News from Inflation

London Underground fares to rise by 4.6% from March

Mayor Sadiq Khan says inflation-busting increase forced on him by ministers but bus and tram fares remain frozen

The Guardian - UK · Dec 13, 2024

The French aren’t spending. Inflation is down, but people aren't opening their wallets. Here's why

With consumer prices still inflated the French are becoming far more picky about how they spend their spare time and cash.

Fortune · Dec 13, 2024

Stock market today: Asian shares retreat, tracking Wall St decline as price data disappoints

Asian shares have tracked Wall Street’s decline in response to potentially discouraging data on the U.S. economy

The Independent UK · Dec 13, 2024

Vancouver just voted to become a Bitcoin-friendly city but Microsoft’s shareholders want no part of it

The vote is a part of a growing movement of governments and companies to invest in Bitcoin as a hedge against inflation.

Fortune · Dec 12, 2024

How China uncertainty could push back RBA rate cut

Unexpected jobs figures have diminished hopes of an interest rate cut in February but favourable inflation data could put lower mortgage costs back on the menu.

AAP · Dec 12, 2024

Argentina’s soaring poverty levels don’t seem to be hurting president Javier Milei – but the honeymoon could be over

Argentina, a nation once ranked among the wealthiest in the world, has found itself grappling with severe economic challenges over the past 25 years. Then, one year ago, provocative libertarian economist Javier Milei was inaugurated as its new president.

The Conversation · Dec 12, 2024

US Wholesale Prices Rise, Indicating Lingering Inflation Pressures

Recent data shows a rise in wholesale costs in the US, driven by food prices, indicating persistent inflationary pressures.

Top News · Dec 12, 2024

US Inflation Shoots Higher In November's Producer Price Index As Egg Costs Skyrocket

Egg prices shot up 55% for the month according to government figures.

International Business Times · Dec 12, 2024

US wholesale inflation accelerated in November in sign that some price pressures remain elevated

Wholesale costs in the United States picked up sharply last month, signaling that price pressures are still evident in the economy even though inflation has tumbled from the peak levels it hit more than two years ago

The Independent UK · Dec 12, 2024

Swiss Central Bank Announces Big Rate Cut To Boost Economy

The Swiss central bank announced an unexpectedly large interest-rate cut on Thursday, citing rising "uncertainty" about the economic outlook due to the potential impact of Donald Trump's policies and political turmoil in Europe.

International Business Times · Dec 12, 2024