The Latest Breaking News from Inflation

Economists are predicting another interest rates hike after wage growth rose in the March quarter, with risks around low productivity growth.

Bailey said the only way to have prevented soaring inflation would have been to hike rates “well into double-digits” at the height of the pandemic

Scottish sales were 9.1% higher year-on-year, although that reduced to just 0.3% when inflation was taken into account

Angus Taylor says the federal budget will clearly add to inflation, as he delivers his first major assessment of Labor's second economic blueprint.

Official wage growth has come in at 3.7 per cent on an annual basis as the competitive labour market keeps worker pay ticking up.

Parliamentary schedule for Wednesday May 17We will be covering the House of Commons and House of Lords throughout the day.All timings are approximate and subject to business.House of Commons:1130 Scotland questions1200 Prime Minister’s Question Time1245 A 10-minute rule motion on Artificial Intelligence (Regulation and Workers’ Rights)1300 Digital Markets, Competition and…

In April, sales north of the border went up by just 0.3% last month once inflation was taken into account, the Scottish Retail Consortium said.

A top U.K. economist ruffled feathers with tactless remarks last month about inflation's primary cause.

The thing about increasing JobSeeker – both the government and the Opposition want to make the cut-off for it higher than the minimum wage.