The Latest Breaking News from Inflation

UK flatlining economy will grow slower and suffer higher inflation than eurozone in 2023, leading economists

Government accused of leaving Britain ‘stuck in the slow lane’

Evening Standard · Sep 19, 2023

OECD inflation outlook suggests further Australian interest rate rises possible

Intergovernmental economic organisation warns core inflation across the world remains ‘persistent’ and may require policy action from Reserve Bank

The Guardian - AU · Sep 19, 2023

Germany will suffer worst from world economic slowdown, says OECD

Higher interest rates and weaker trade, as well as sluggish growth in China, likely to hit big economies

The Guardian - UK · Sep 19, 2023

October dates for benefits, pensions and cost of living payments

Lower Energy Price Cap coming into effect this autumn but stubborn inflation means further interest rate hike likely to continue to place strain on mortgage holders

The Independent UK · Sep 19, 2023

French supermarkets call out food producers for ‘shrinkflation’

French retail giant Carrefour has started putting stickers on products that have shrunk in size but that cost the same or even more, in a bid to warn customers against "shrinkflation". The move comes ahead of new contract talks that are set to begin soon. Meanwhile, the government is planning…

France 24 · Sep 18, 2023

On A Cosmic Scale, The Universe Is Quite Small — This Could Transform Our Understanding Of It

A new paper argues that the observable Universe is mostly all there is.

Inverse · Sep 18, 2023

Wall Street’s Dr. Doom is sounding downright sunny as he predicts a 'short and shallow’ recession or even no recession at all instead of the epic collapse he saw in 2022

Nouriel Roubini saw a “variant of another Great Depression” less than a year ago, but now he’s open to a soft landing without any recession at all.

Fortune · Sep 18, 2023

Federal Reserve is poised to leave rates unchanged as it tracks progress toward a 'soft landing'

Since Federal Reserve officials last met in July, the economy has moved in the direction they hoped to see: Inflation continues to ease, if more slowly than most Americans would like, while growth remains solid and the job market cools

The Independent UK · Sep 18, 2023

Minister urged to un-freeze housing benefit amid rising homelessness

A City Hall politician has urged minister Mel Stride to increase local housing allowance

Evening Standard · Sep 18, 2023

Inflation rate set to rise again as Bank of England decision on interest rates looms

Core inflation, which excludes food and energy prices, fell to 6.2 per cent, shocking economists and likely putting an interest rate pause on the table when the Bank of England meets on Thursday

Evening Standard · Sep 18, 2023