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The Latest Breaking News from Inflation

Did the Reserve Bank's interest rate hikes put Australia's economy on a 'knife-edge'? A major consulting firm thinks so

A major consulting firm forecasts a "consumer recession" in 2023, warning hundreds of thousands of Australian households are bleeding cash every month.

ABC News

Inflation finally caught up with the $45 billion convenience store industry

Inflation has finally caught up to convenience stores.

Fortune

UK ministers review bidding process for funding new renewable energy projects

Government wants to create more green jobs in response to Joe Biden’s Inflation Reduction Act package

The Guardian - UK

From analysis to the latest developments in health,
read the most diverse news in one place.

Inflation pressures easing on South West firms, NatWest study suggests

A survey of bosses across the region found business activity has continued to grow ‘modestly’

Birmingham Post

Nonprofits scramble for help amid dearth of volunteers

The Independent UK

Asian shares mixed over economic growth, rate worries

Asian markets are trading mixed as worries continue about economic growth, even as some hopes were perked by a recent rise in U.S. bank issues

The Independent UK

North East business output rises for first time in nine months, research shows

Signs of confidence among regional firms though inflationary pressures and workforce reductions persisted

Birmingham Post

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ASX gains, gold miners drop, Lake Resources jumps on lithium pilot plant results — as it happened

The ASX posted moderate gains, with a plunge for gold miners weighing on gains in many other sectors, while Lake Resources shares surging on positive results from a pilot lithium processing plant. Follow the day's events and insights from our business reporters on the ABC News live markets blog.

ABC News

Thousands of Czechs turn out for anti-government protest

Thousands of Czechs demonstrated in Prague's central square on Sunday, calling on the government to quit as they protested over high inflation and energy prices.

Reuters

From stage-three tax cuts to welfare relief: what’s on Australia’s 2023 budget wishlist?

Jim Chalmers is under pressure to deliver for those doing it tough – but inflation and national debt pose serious obstacles

The Guardian - AU

Thousands turn out for anti-government protest in Prague

Thousands of people have rallied again to protest high inflation and demand the government’s resignation

The Independent UK

Age of globalisation is now the age of instability – and we need a plan

Bridgetown Initiative could be way for rich nations’ development finance words to become action

The Guardian - UK

Supermarket sweep: how TikTok can help you save money on your food shopping

The video-sharing app has become the best place to see the unfolding effect of the cost of living crisis, with weekly shops and ‘receipt reveals’ watched by millions

The Guardian - UK

Will Turkey’s inflation crisis damage Erdogan’s re-election chances?

A month before Turkey goes to the polls on May 14, the country’s inflation crisis is a major campaign theme as the six main opposition parties rally around Kemal Kilicdaroglu to create the strongest challenge yet to President Recep Tayyip Erdogan. But analysts say discontent with Erdogan’s economic management will…

France 24

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Kiplinger

Volatility Doesn’t Have to Spell Retirement Planning Trouble

Inflation, rising rates and market gyrations can actually make this a good time to clarify your vision for the future and ensure your portfolio matches those goals and protects against risk.

The Independent UK

Rishi Sunak ‘considers inheritance tax cut’ ahead of general election

PM said to be keen on ‘pre-election giveaway’

The Guardian - UK

Inflation is expected to fall but Bank of England’s rate call is finely balanced

Hopes for a drop in the headline rate are pinned on lower oil and gas prices, but it could still go the other way

Bangkok Post

A taste of populism

The Pheu Thai Party's "digital wallet" policy, designed to woo voters ahead of the May 14 general election, has drawn a mixed reaction from politicians and the public alike.

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StockNews.com

Bullish or Bearish…You Decide

There is a lot of bearish energy out there right now. Even the Fed seems to be calling for a recession... and the experts who aren't worried about a recession are worried about stagflation. (For anyone who is a few years removed from Econ 101, that's the one where we…

The Independent UK

US dollar scarcity threatens Bolivia's 'economic miracle'

For more than a decade, Bolivia was an economic oasis in a turbulent region, with low inflation and high growth

Reuters

Nigeria inflation quickens to 22.04% in March

Nigeria's annual inflation accelerated to 22.04% in March from 21.91% in the previous month, its bureau of statistics said on Saturday.

Radio France Internationale

A month from Turkey's elections, soaring inflation shakes up political loyalties

Turkey's Recep Tayyip Erdogan has launched his bid for an unprecedented third term as president in May polls, but rocketing inflation is threatening his reelection hopes as he heads into his toughest campaign yet.

GoodToKnow

When will food prices go down? Plus what you can do until they do

Rising food costs have been a key driver behind soaring inflation, but when will food prices go down?

The Guardian - UK

UK pensions: how much do you need to retire as the cost of living soars?

As inflation bites into pension pots, we find out what it takes to keep up your standard of living

The Independent UK

Food or medicine? Inflation squeezing retirees in Argentina

Argentina's government has announced that monthly inflation was 7.7% in March, up from 6.5% in the same month in 2022

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