The Latest Breaking News from Inflation

Mortgage rates continue to jump, home sales slump and credit cards and auto loans increase

JOHN Swinney has outlined cuts worth £1.2 billion to the Scottish Government’s budget which he said were a direct result of the global inflation…

Hundreds of people marched in Sri Lanka's largest city Colombo on Wednesday protesting against higher taxes, inflation and alleged state-led repression as the country struggles to emerge from its worst financial crisis in seven decades.

Glasgow City Council will be forced to make savings higher than those seen in recent years as it faces a budget shortfall of £120 million - ten times higher than in 2021.

The Prime Minister was quizzed by SNP Westminster leader Ian Blackford on whether he would boost Universal Credit and state pensions at a time of soaring inflation.

The gap between the official and black market price of dollars in Egypt has narrowed significantly since the central bank announced a flexible exchange rate policy. On Thursday, Cairo announced a $3 billion International Monetary Fund deal with a commitment to a “durably flexible exchange rate regime.” The central bank…

The Prime Minister refused to pledge the state pension or benefits will rise with 10.1% inflation in April - instead telling PMQs 'difficult decisions will be made'

Food costs have hit a new record

Food inflation soared to a record 11.6% in October, according to the British Retail Consortium, as the price of tea bags, milk and sugar all rose significantly compared to this time last year