The Latest Breaking News from Inflation

As food prices soar a near record 11.3 percent today, there's a new outcrop of inflation looming, Jonathan Milne reports. NZ and the world now face a hard landing in which millions may lose their livelihoods.

The entertainment industry has been affected adversely, with record-high inflation tempering discretionary consumer spending. However, the industry’s long-term prospects look bright due to the strong demand for digital entertainment. Given this backdrop, fundamentally sound entertainment stocks Playtika Holding (PLTK) and SciPlay Corp. (SCPL) could be ideal buy-and-hold options in 2023.…

Kristalina Georgieva expects growth to bottom out this year.

LVA chief Donall O’Keeffe said the VAT increase is “a damaging inflationary measure from the Government”

The White House drove the country into an inflation mess because it refused to listen to economists and others who predicted the administration’s massive multitrillion-dollar spending spree would overheat the economy. Next time — let’s hope there isn’t a next time, but … — such willful ignorance may be more…

The World Economic Forum has officially kicked off in Davos. Ukraine's First Lady Olena Zelenska, EU Commission President Ursula von der Leyen and Chinese Vice Premier Liu He are among the expected speakers this Tuesday. Our Business Editor Kate Moody brings us an update from Davos, with insights on the…

Inflation-adjusted figures also show growth in the public sector significantly trailing private sector

Latest figures also show large gap between public sector and private sector, adding to pressure on ministers over strikes

The price of gold is expected to reach an eight-month high of US$1,950 an ounce this week on looming fears of a global recession after the latest US inflation rate fell to 6.5%, said SET-listed Hua Seng Heng Gold Futures.