The Latest Breaking News from Inflation

What does the UK’s falling inflation rate mean for you?

Whether you are working or retired, a homeowner or business owner, here is all you need to know

The Guardian - UK · Jul 19, 2023

UK inflation falls by more than anticipated to 15-month low of 7.9%; may limit interest rate hikes

Inflation in the U.K. has fallen by more than anticipated to a 15-month low a development that may ease the pressure for the Bank of England to raise interest rates sharply over the coming months, to the potential relief of struggling households

The Independent UK · Jul 19, 2023

Inflation eases but food prices remain at 'very high levels'

INFLATION has eased to its lowest level for 15 months although food prices remain “at very high levels”.

The National (Scotland) · Jul 19, 2023

Inflation falls further than expected in June

Consumer Price Index for June drops to 7.9%, providing ‘glimmer of light’ for the Bank of England

Evening Standard · Jul 19, 2023

UK interest rates forecast to rise less sharply after inflation falls to 7.9%

Annual rate back on downward path, which eases pressure on Bank of England

The Guardian - UK · Jul 19, 2023

What the controversial triple lock means for state pensions

With a general election looming next year, the major political parties have committed to keeping the controversial “triple lock” system on state pensions, even as payments may be set to soar.

The Week · Jul 19, 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 · Jul 19, 2023

Stark contrast in how cost of living crisis is affecting Scottish communities

REMOTE communities in Scotland are being hit hardest by food inflation and fuel poverty while housing costs are adding most pressure in cities, an…

The National (Scotland) · Jul 19, 2023

ADB retains India's growth forecast at 6.4% for current fiscal

ADB retains India's growth forecast at 6.4% for FY22-23 and 6.7% for FY23-24. Inflation expected to decline to pre-pandemic levels. Domestic demand and services driving growth, while industrial activity and exports remain weak. Global outlook for next year has worsened.

The Hindu · Jul 19, 2023

2023 Investing Lessons Learned: Mid-Year Edition

43 year investment veteran Steve Reitmeister admits to some investing missteps in 2023 by not acknowledging the new bull market for the S&P 500 (SPY) at an earlier stage. Full disclosure on his mistakes as well as a much better, and simpler, way to time the stock market is shared…

StockNews.com · Jul 18, 2023