The Latest Breaking News from Inflation

M&S hails ‘good start’ to turnaround strategy as sales jump despite profits dip OLD

‘We do expect things to get a bit better’ says chief executive Stuart Machin

The Independent UK · May 24, 2023

M&S hails ‘good start’ to turnaround strategy as sales jump despite profits dip

‘We do expect things to get a bit better’ says chief executive Stuart Machin

The Independent UK · May 24, 2023

This basket shows exactly how much food prices have risen in a year

The ONS has published examples of how the annual rate of inflation for everyday food and drink items has risen or fallen in the past year

Wales Online · May 24, 2023

Food inflation stays near record high - see full list of products still soaring in price

Inflation may be down but food inflation - which includes both food and non-alcoholic drinks - remained close to its 45-year peak at 19.1% easing slightly from the 19.2% recorded last month

Daily Mirror · May 24, 2023

S&P Futures Tick Lower Ahead Of FOMC Meeting Minutes, Nvidia Earnings on Tap

June S&P 500 futures (ESM23) are trending down -0.33% this morning after three major U.S. benchmark indices finished the regular session solidly lower as worries about a potential U.S. default hurt risk sentiment, while market participants also waited for minutes from the Federal Reserve’s last meeting.

Barchart · May 24, 2023

Homeowners' mortgage woe as interest rates tipped to rise AGAIN despite inflation falling

Today's inflation figure is higher than predicted as many believed the inflation rate would drop as low as 8.2% - while it may sound like good news, experts have issued a warning

Daily Mirror · May 24, 2023

UK inflation falls to lowest level in over a year but food prices keep decline in check

Official figures show that inflation in the U.K. has fallen to its lowest level since the immediate aftermath of Russia’s invasion of Ukraine which caused energy and food costs to surge

The Independent UK · May 24, 2023

UK inflation: which goods and services have risen most in price?

From olive oil to jam and clothing to transport, how costs have soared

The Guardian - UK · May 24, 2023

General Election set for October 2024 to give inflation time to drop, says senior Tory

Polling expert Lord Robert Hayward said the Prime Minister wants to significantly bring down inflation before calling an election

Evening Standard · May 24, 2023

Screwfix and B&Q owner Kingfisher reports 'resilient' core performance in latest results

Kingfisher said that trading in the first quarter remained stable but blamed wet weather for lower sales of items like garden furniture

Birmingham Post · May 24, 2023