The Latest Breaking News from Inflation

ECB raises interest rates to highest level since euro launched

Central bank’s president hints this may be the peak for rates in drive to bring down stubborn inflation

The Guardian - UK · Sep 14, 2023

Retail sales rise 0.6% in August as inflation on many items eases, but gas price hike boosts number

Shoppers stepped up their buying modestly as inflation on many items eased, but they still face a host of economic challenges over the next few months

The Independent UK · Sep 14, 2023

Wholesale price inflation accelerated in August from low level

U.S. wholesale prices increases accelerated in August, a sign that inflation remains stubbornly persistent despite a series of sharp interest rate hikes by the Federal Reserve

The Independent UK · Sep 14, 2023

Wholesale inflation remains in negative for fifth month at -0.52% in August

India's WPI deflation rate eased to -0.52% in August 2023, from -1.36% in July. Fuel and power prices declined from -12.8% to -6%. Food articles inflation moderated to 10.6%, from 14.25% in July. Deflation in manufactured products dropped to -2.4%. RBI signalled tighter policy if food prices drive inflation higher.

The Hindu · Sep 14, 2023

John Lewis turnaround timeframe extended amid fresh losses

Partnership says smaller first-half loss is optimistic sign but recovery plan likely to take two years longer than scheduled

The Guardian - UK · Sep 14, 2023

Stock market today: Asian shares mostly higher after US inflation data ease rate hike worries

Shares are mostly higher in Asia after a highly anticipated report showed inflation accelerated across the U.S. in August, but not by much more than expected

The Independent UK · Sep 14, 2023

Europe's central bank faces close call on interest rates as threat of recession grows

The European Central Bank is deciding whether to raise interest rates again or not, and analysts are saying it's a close call

The Independent UK · Sep 14, 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 14, 2023

September dates for benefits, pensions and cost of living payments

Inflation falling but not swiftly enough to prevent further interest rate rise making life tougher for mortgage holders

The Independent UK · Sep 14, 2023

Paintings on pesos illustrate Argentina's currency and inflation woes

The rapid depreciation of the Argentine currency and one of the world’s highest inflation rates has made it difficult for Argentines to make ends meet

The Independent UK · Sep 14, 2023