The Latest Breaking News from Inflation

Food insecurity expert Sylvain Charlebois explains why flawed business regulations are making food unaffordable

Economists have had their say on what the Fed will do later this spring –and when rates may finally begin to fall.

The Monetary Policy Committee (MPC) of the Central Bank of Egypt (CBE) will hold a periodic meeting on Thursday when options to contain successive shocks to the Egyptian economy remain limited before growing local and global crises. CBE will likely raise interest rates at today’s meeting to curb inflation, which…

Lebanon has been drowning in a series of crises since 2019. The economic, banking and political systems are in tailspin and the national currency has lost 98 percent of its value. With inflation in three-figure percentages for the third year running, eight out of 10 inhabitants now live under the…

Disney has laid off Isaac ("Ike") Perlmutter, the head of Marvel Entertainment, as part of its cost-cutting plans. The company began cutting 7,000 jobs this week in an effort to reduce $5.5 billion in costs. Also, Portugal scraps VAT on basic food products in a bid to fight inflation. Plus,…

From April 1, Brits will be set to pay increased fees for their NHS prescriptions due to persistently high inflation as a new specialised pre-payment certificate is introduced

Many believe they may be forced to close in the coming 12 months as a result of inflationary and staffing pressures

Rolling coverage of the latest economic and financial news

MUMBAI: India’s biggest conglomerates, which wield immense pricing power in the retail, resources and telecommunication sectors, are contributing to elevated inflation and should be broken up, a former central banker said.

H&M, the world's second-biggest fashion retailer, reported on Thursday a surprise operating profit for the December-February period, despite weak demand as consumers curtailed spending amid soaring inflation. Operating profit in the Swedish group's fiscal first quarter was 725 million Swedish crowns ($69.73 million) against a profit of 458 million a…

Sugar, consumed in everything from chocolate to fizzy drinks and baked products, is becoming ever more expensive, raising costs for the industry and keeping up pressure on global food inflation.