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The Latest Breaking News from Inflation

French economy minister strikes anti-inflation deal with supermarkets

On Monday, the Finance and Economy Minister, Bruno Le Maire, launched a three-month anti-inflation drive, in cooperation with most major French supermarket chains. Under the plan, which will cost the companies "several hundred million euros", a selection of products will be made available at the lowest price possible.

Radio France Internationale

2 Growth Stocks That Could Help Double Your Money

Dashed Investor optimism by the decreasing likelihood of a Fed pivot has created significant market volatility. However, amid anticipations of easing inflation, the possibility of the market bouncing back still stands. Against this backdrop, growth stocks Box, Inc. (BOX) and Extreme Networks (EXTR) might be wise portfolio additions to double…

StockNews.com

Don’t go in ‘all guns blazing’: How to ask for a pay rise

With salaries to continue chasing inflation this year, it might be time to have the much-dreaded talk about your pay.

The New Daily

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Contractors struggle to fill order books as economic headwinds hammer construction sector

Two surveys published on Monday showed a tough outlook for construction in 2023

Evening Standard

Egypt’s Private Sector Activity Shrinks for 27th Month in a Row in Feb.

Egypt's non-oil private sector activity shrank for the 27th month in a row in February as surging inflation and obstacles to importing from abroad extended business travails, a survey showed on Sunday. The S&P Global Egypt Purchasing Managers' Index (PMI) strengthened to 46.9 in February from 45.5 in January, but…

Asharq Al-Awsat

Asian stocks gain after Wall Street has best day in 6 weeks

Shares are mostly higher in Asia after strong data on the U.S. economy sent Wall Street to its best close in six weeks

The Independent UK

Estonian Prime Minister Kallas secures win as far right slips

Estonian Prime Minister Kaja Kallas secured a commanding election victory as she fended off a challenge from a far-right party that targeted her support for Ukraine and soaring inflation.

Tribune News Service

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Rail passengers forced to ‘grin and bear’ largest hike in ticket fares for more than a decade

The skyrocketing prices come as millions battle the cost of living pressures

Manchester Evening News

Commuters forced to ‘grin and bear’ rail fare rise amid cost-of-living pressures

Fares in England and Wales jumped by up to 5.9% on average on Sunday, adding hundreds of pounds to the cost of many annual season tickets.

The Independent UK

‘Incredibly difficult’: RBA prepares 10th straight rate hike, despite slowing economy

Struggling home owners face more bad news this week as the Reserve Bank prepares yet another hike in interest rates.

The New Daily

Rail fare hikes are biggest in 11 years despite poor performance

Annual season tickets for many are rising by hundreds of pounds

Wales Online

Train fares in England and Wales rise by 5.9% despite poor service

Passengers will be hit by biggest increase in ticket prices since 2012

The Guardian - UK

Increase public-sector pay by inflation and rejoin single market, Hunt urged

Families are ‘sick to the back teeth of being ripped off by the Tory government’, SNP Westminster leader Stephen Flynn has said.

The Independent UK

RBA poised to turn the screws on mortgage holders with a tenth rate hike

Already feeling the pain after nine interest-rate rises, mortgage holders are almost certain to come under even more pressure this week

The New Daily

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AAP

Reserve Bank's cash rate decision to dominate agenda

The Reserve Bank of Australia's March cash rate decision and a speech from the governor Philip Lowe will be the highlights of this week's economic news.

France 24

‘Down with the police state,’ chant thousands of protesters in Tunisia

Thousands of people marched through Tunisia's capital on Saturday, decrying an expanding crackdown on opposition voices and rising inflation as the country's largest trade union called on President Kais Saied to accept "dialogue".

Fortune

The U.S. housing market just took another hit

This week's seasonally adjusted Mortgage Purchase Application Index came in at the lowest level since 1995.

Evening Standard

Rail passengers suffer biggest fares rise in 11 years despite poor performance

Analysis of Office of Rail and Road (ORR) data found the annual fares rise is the largest since a 6.1 per cent jump across Britain in 2012

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WEKU

Big stores see how we spend. Here are 4 things they say about the economy

Retailers have dropped a flurry of financial reports. They paint a messy and conflicting picture about our consumer economy.

Daily Mirror

Train fares to rise by 5.9% TOMORROW - how to get cheaper tickets before deadline

This is the largest regulated rail fare price hike in more than a decade as the Transport Secretary says it is the "biggest-ever government intervention" - with millions of travellers set to be affected

Asharq Al-Awsat

Türkiye's Inflation Seen Falling to 55% In February

Türkiye's annual inflation should slow to 55.5% in February even as prices continue to rise on a monthly basis driven by higher prices of food and services, while it is expected to end the year at 45%, according to a Reuters poll on Monday. Inflation has been stoked by a…

Bangkok Post

The United Nations mustn't be powerless

The first anniversary of Russia's invasion of Ukraine has been a good opportunity to reflect on the war's global implications. In addition to untold human misery, Russia's aggression triggered a historic food and energy crisis and caused global inflation to spike, endangering the world's fragile economic recovery from Covid-19. But…

Al Jazeera

Sri Lanka raises rates, relaxes currency band to secure IMF funds

The country is awaiting approval of a $2.9bn IMF bailout package as it endures its worst financial crisis since 1948.

Tribune News Service

Fed says more rate hikes are needed to curb inflation

The Federal Reserve said that further interest-rate hikes would be required to restore price stability.

Axios

The surprising impotence of Fed rate hikes

Despite rising interest rates, the economy remains as robust as ever, with a five-decade low in unemployment rate and inflation far above the Fed's goals.

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Sristi Suman Jayaswal

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