The Latest Breaking News from Inflation

Stocks Mixed as Broader Marker Weighed Down by Global Economic Concerns

What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is down -0.07%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.32%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is +0.32%. Stocks this morning are mixed, with the Nasdaq 100 climbing...

Barchart · Jul 5, 2023

‘Stubborn inflation’ hits central London’s luxury home sector

Prices of high end homes in prime central London fell in the second quarter, down 5.9% from a year earlier, as the uncertain economic outlook weighs on the housing market.

Evening Standard · Jul 5, 2023

Why aren’t soaring interest rates bringing down inflation?

Rishi Sunak has blamed the high number of fixed-rate mortgages for his government’s failure to bring down inflation.

The Week · Jul 5, 2023

Istanbul’s bellydancers and DJs fight for survival as Turkey’s night-time economy takes a hit

With inflation at more than 100%, and a ruling party hostile to Istanbul’s vibrant nightlife culture, performers and bar owners are facing severe struggles

The Guardian - UK · Jul 5, 2023

Inflation unexpectedly up in June but at slower pace

Thailand's headline consumer price index (CPI) increased 0.23% in June from a year earlier, slowing from a 0.53% year-on-year rise in the previous month, the Commerce Ministry said on Wednesday.

Bangkok Post · Jul 5, 2023

Childcare fees in Australia outpace inflation with rises of up to 32%, report finds

ACCC says households now paying 4% to 15% more for care and services as Albanese government’s cheaper childcare package comes into force

The Guardian - AU · Jul 5, 2023

Inflation – a deeper story

Peter McGahan, chief executive of Worldwide Financial Planning speaks about inflation

Birmingham Post · Jul 5, 2023

Congress calls PM Modi ‘Menhgaai Man’, blames Centre for price rise

NEW DELHI: The Congress on Tuesday lashed out at the Narendra Modi government for, what it said, its “failure” to control inflation. Describing the prime minister as ‘Menhgaai-Man’, it alleged that inflation had broken all records under his regime. The women’s wing of the principal opposition party staged a flash…

The Times of India · Jul 4, 2023

PM asserts budget created space for RBA to pause hikes

The prime minister says the federal government has done its bit to help the central bank fight inflation by banking revenue gains and controlling spending.

AAP · Jul 4, 2023

UK mortgage rates spike to highest level since Truss tax plan spooked markets

Homeowners and renters in the U.K. are facing further grim news as mortgage rates hit levels not seen since unfunded tax cuts announced by the government last fall spooked investors

The Independent UK · Jul 4, 2023