Is the worst finally over? Relief for Rishi Sunak as inflation falls - but warning on further rate rises Wage rises overtake inflation but interest rate hikes still loom Evening Standard · Aug 16, 2023
London house prices fall, with rest of UK ‘doomed to follow’ as inflation cools UK house price inflation slowed to 1.7% in June, according to official data. The Independent UK · Aug 16, 2023
Inflation may be down, but it is far from out Today represents one battle, albeit a significant and symbolic one, in a long campaign that is far from played out Evening Standard · Aug 16, 2023
City warns on ‘sticky’ core inflation after drop in CPI Analysts were also alarmed by the services consumer price index Evening Standard · Aug 16, 2023
UK inflation: which goods and services have changed most in price? From fruit juice to carpets and cars to hotels, how the cost of everyday items varies The Guardian - UK · Aug 16, 2023
Russia’s ruble has tumbled. What does it mean for the wartime economy? The Russian ruble has fallen a long way in recent months, and the country's central bank is stepping in to halt the slide The Independent UK · Aug 16, 2023
Rishi Sunak accused of being ‘out of touch’ over energy bill support comments – as it happened This live blog has now closed, you can read more of our UK political coverage here The Guardian - UK · Aug 16, 2023
UK inflation slows to 17-month low but remains significantly above target Inflation slowed to its lowest for 17 months in July due to a fall in energy prices and a slowdown in food price increases, according to official… The National (Scotland) · Aug 16, 2023
UK inflation falls to 17-month low of 6.8% but unlikely to derail another interest rate rise The rate of inflation in the U.K. fell sharply in July to a 17-month low largely on the back of lower energy prices The Independent UK · Aug 16, 2023
August dates for DWP cost of living payments, benefits and pensions Food inflation lodged at 18.4 per cent, ONS warns, but supermarkets expect prices to begin to fall The Independent UK · Aug 16, 2023
UK facing ‘high’ risk of recession despite inflation dropping to 6.8% – as it happened UK inflation has dropped to its lowest since February 2022, following cut in energy price cap, but IPPR warns economy could fall into recession The Guardian - UK · Aug 16, 2023
Inflation falls to 6.8% in July - mostly driven by lower energy prices The fall raises hopes the worst of the cost of living crisis may be over Evening Standard · Aug 16, 2023
FTSE 100 Live: UK inflation falls to 6.8%; shares down again after 100-point drop yesterday BAE Systems today revealed plans to buy Colorado-based Ball Aerospace in a deal worth $5.6 billion (£4.4 billion). Evening Standard · Aug 16, 2023
UK inflation falls sharply to 6.8% as cost of living pressures ease Lower energy costs behind drop in annual rate in July, as wage increases finally overtake price rises The Guardian - UK · Aug 16, 2023
The Independent UK · Aug 16, 2023 UK inflation falls 1.1% in just one month as Ukraine war energy price crisis starts to ease CPI inflation now stands at 6.8% after a fall in energy prices
The Independent UK · Aug 16, 2023 Stock market today: Asia shares decline as faltering Chinese economy sets off global slide Asian shares have declined amid worries over discouraging data on China, as well as over the future of the U.S. economy
The Independent UK · Aug 16, 2023 Inflation expected to slow down again as Bank of England grapples with record increase in wages Consumer Prices Index inflation is predicted to be 6.7% for July, down from 7.9% in the previous month
The Independent UK · Aug 16, 2023 Tories will still leave households worse off despite potential inflation slowdown, says Labour Labour accuses PM of overseeing a £350 increase in monthly bills for the average household
The Independent UK · Aug 15, 2023 Inflation expected to slow down again after energy price fall Consumer Prices Index inflation is predicted to be 6.7% for July, down from 7.9% in the previous month.
The Independent UK · Aug 15, 2023 Next year’s English rail fares rise will be below inflation, says Government RPI for July will be published on Wednesday and is expected to be around 9%.
The Hindu · Aug 15, 2023 A surge foretold: On inflation data Authorities need to act in concert to tame inflation before it undermines India’s broader consumption and economic growth
Fortune · Aug 15, 2023 We finally have proof of the ‘rich-cession.’ The number of millionaires fell the most since the Global Financial Crisis of 2008, UBS says Global wealth fell year over year, but declines were concentrated among the richest people in the richest countries.
Chicago Sun-Times · Aug 15, 2023 Consumers no longer ‘penny-pinching’ as retail sales rose solidly last month Retail sales rose a better-than-expected 0.7% in July from June, according to the Commerce Department.
The Conversation · Aug 15, 2023 Turkey: are we witnessing the end of Erdoğanomics? Is the tide finally turning for Turkey? Three months after the re-election of Recep Tayyip Erdoğan for his third term as president, which many feared would lead to economic chaos, ratings agency Moody’s has indicated that Turkey’s credit rating is on course for an upgrade.
The Independent UK · Aug 15, 2023 Russia's ruble has tumbled. What does it mean for the wartime economy? The Russian ruble has fallen a long way in recent months, and the country's central bank is stepping in to halt the slide