The Latest Breaking News from Inflation

UK house price growth is slowing. While prices rose 1.2% in June compared to last year, this is down on May’s 1.9% growth, according to property website Zoopla. Its house price index – which forecasts a 5% fall in house prices this year – also shows that 42% of sellers…

Central bank chiefs kept up their hawkish language as they appeared today on a policy panel at the ECB’s policy retreat in Sintra, Portugal. Fed Chair Powell said he won’t take two consecutive rate hikes off the table “at all.” Powell also said, “Policy hasn’t been restrictive for very long....

As inflation reaches record 38 percent in May and IMF bailout package awaited, the economic crisis affects celebrations.

Massive government spending programs typically cost more than projected. At some point, one might even call it a pattern.

A closer look at the monthly data reveals lower fuel costs, but higher prices for food and insurance

Bank of England said last week some retailers were failing to pass on lower costs to consumers to rebuild their profit margins

You'll be able to to get fish and chips or a burger, plus a beer, and still have change from a fiver

This blog is now closed.

Consumer price index fell in May from 6.5% in April showing further signs that the worst of inflation may be over