The Latest Breaking News from Inflation

Despite BioWare's efforts, Star Wars: The Old Republic's economy is still completely out of control

Low level items and minor crafting materials are selling for millions, but more changes to combat inflation are coming.

PC Gamer · May 12, 2023

Stocks Turn Lower as Long-Term Inflation Expectations Unexpectedly Climb

What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is down -0.19%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.10%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.33%. U.S. stocks this morning gave up an early advance...

Barchart · May 12, 2023

Civil servants could strike as they demand 7% pay increase to match rate of inflation

Inflation is currently running at 7.2% according to the latest figures from the CSO for April

Irish Mirror · May 12, 2023

Erdoğan has wrecked Turkey's economy – so what next?

Turkey’s 2023 election is one of the most significant in its hundred-year history. After years of currency crashes, vanishing foreign currency reserves and surging inflation, rethinking economic policy will be a top priority for whoever is eventually sworn in. At the time of writing President Recep Tayyip Erdoğan is claiming…

The Conversation · May 12, 2023

‘Slightly less terrible’: Why the budget won’t worsen inflation

Opposition Leader Peter Dutton has accused the Albanese government of delivering an inflationary budget, but not all experts think so.

The New Daily · May 12, 2023

Sticky inflation and sluggish growth: why does UK economy continue to struggle?

The UK’s economy shrank by 0.3% in March, with the first quarter of 2023 seeing “sluggish growth” of 0.1%, placing the UK once again towards the bottom of the league table of developed economies.

The Week · May 12, 2023

The Democrats have a powerful campaign issue: price-gouging corporations

Ask the public: do you want more jobs and higher wages, or huge companies making fatter profits by raising prices?

The Guardian - US · May 12, 2023

NHS waiting lists, inflation, national debt … one by one, Sunak’s pledges are crumbling

Despite Tory promises, 7.3 million people are waiting for an operation, says Guardian columnist Polly Toynbee

The Guardian - UK · May 12, 2023

Tesco boss takes home £4.4 million — pays tax in Ireland

TESCO boss Ken Murphy took home pay of £4.44 million this year, an amount likely to cause anger amidst a cost-of-living crisis and with food inflation running at more than 15%.

Evening Standard · May 12, 2023

Food prices set to come back down soon, supermarket chiefs promise

Retail bosses under pressure as food inflation proves more ‘sticky’ than expected

The Independent UK · May 12, 2023