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The Latest Breaking News from Inflation

Thailand may be unique in handling the domestic prices of products and services. Whenever manufacturers and business operators shoulder higher production costs and ask state units for permission to raise their prices, the Internal Trade Department always rushes to call a joint meeting with them.

Bangkok Post

Poorest shoppers are bearing the brunt of supermarket price hikes

The cost of value groceries rose by 21.6% compared to 13.2% for standard and 13.4% for premium ranges in stores including Tesco, Asda and Sainsbury's

Chronicle Live

Target beats expectations with latest quarterly earnings despite plunging profits

Retailer Target surprised Wall Street on Tuesday morning with an earnings report that beat expectations from both analysts and the company's own leaders.

Tribune News Service

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2 COVID-19 Stocks That are Still Darlings in 2023

The COVID-19 pandemic caused immense volatility in the stock market, further aggravated by high inflation and consecutive rate hikes by the Fed. Amid the uncertainties, healthcare stocks tend to provide some hedge. We think COVID-19 darlings Pfizer (PFE) and Gilead Sciences (GILD) are still worth buying. Continue reading.

StockNews.com

2 Stocks to Buy Hand Over Fist This Year

Last week, the market suffered a dismal week due to increasing signs that inflation pressures aren’t cooling off as quickly as anticipated. Moreover, the likelihood that the Federal Reserve will continue its painful rate hikes campaign for longer has increased. Given this backdrop, we think fundamentally sound quality stocks Nokia…

StockNews.com

Leeds teachers 'haven't got much left' as they join huge rally and strike

Anita Smith, who has been teaching for 30 years, said "we're doing more with less every year"

Leeds Live

Hundreds of teachers take to the streets of Newcastle to demand better pay and conditions

Teachers took over Newcastle's Monument this lunchtime to demand a pay rise in line with inflation that doesn't come from school budgets

Chronicle Live

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The Best ETFs to Buy and Hold for the Long Term

The best ETFs feature structural characteristics that make them good buy-and-hold options for a wide variety of investors for the long term.

Kiplinger

Australia's economy grows 0.5 per cent in Dec quarter

Australian Bureau of Statistics figures show the domestic economy expanded by 0.5 per cent in the fourth quarter, which was softer than expected.

AAP

All the major changes affecting your money in March

Many people's financial situations will likely be impacted by a series of changes throughout March

Manchester Evening News

3 Large-Cap Stocks Ready for a Bull Run

The stock market is anticipated to remain volatile due to stubbornly high inflation and the Fed’s rate hikes. Large-cap stocks tend to be safer investments amid market uncertainties. So, fundamentally sound large-cap stocks, AbbVie (ABBV), The Coca-Cola Company (KO), and Oracle (ORCL), which look poised for a bull run, might…

StockNews.com

Ocado needs more deals and less egg on face

City Comment: A world in which food inflation is blazing at 17.1% can only be good for the Aldis and Lidls of this world — but terrible for the Ocados

Evening Standard

US economy sending mixed signals: Here's what it all means

For a few weeks in late January and early February, the U.S. economy seemed to have reached a rare sweet spot

The Independent UK

3 Software Stocks to Buy This March and 1 to Think About Avoiding

Despite facing high inflation and the Fed’s hawkish stance, the long-term prospects of the software industry look bright, thanks to rapid digitalization. Therefore, to capitalize on the industry’s tailwinds, it could be wise to buy fundamentally strong software stocks Progress Software (PRGS), Karooooo (KARO), and Xperi (XPER). On the other…

StockNews.com

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Daily Mirror

Virgin Media issues huge update to customers - and it means you could face unexpected fee

Virgin Media says it will start to include an inflation-linked price rise within the terms and conditions of customer contracts - meaning you’ll no longer be able to leave penalty-free within 30 days

The Independent UK

Hundreds of Kenyan traders have protested in the capital over a popular new Chinese-affiliated shop selling goods they say undercut their business

The Independent UK

Consumer confidence slips again in February

Consumers were less confident for the second straight month as stubborn inflation and anxiety over a possible recession weighed on Americans

StockNews.com

5 Best Stocks Long-Term Investors Can Buy Right Now

Amid concerns that sticky inflation might lead to more rate hikes, the stock market is expected to remain volatile in the near term. So, investors should focus on their long-term strategy and scoop up quality stocks McDonald's (MCD), Verizon (VZ), Salesforce (CRM), Humana (HUM), and STMicroelectronics (STM), which look poised…

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Evening Standard

Food bills soaring at record 17.1% as milk, egg and margarine prices spike

Kantar data comes the day after consumers were told energy bills will go up by £500 in April

The Independent UK

Egg crisis hits as grocery price inflation soars to record 17.1%

Cost of milk, eggs and margarine driving up inflation, research firm Kantar says

Manchester Evening News

Brits hit with extra £800 on annual supermarket shop as grocery inflation hits record high

Shoppers have been facing increasing prices as the cost of living crisis continues

The New Daily

Workers miss out as gulf between wages and inflation widens

A slowdown in salary growth shows workers are missing out on businesses' surging post-pandemic profits – even those that are in high demand.

The Guardian - UK

A quarter of British shoppers struggle as grocery prices soar

Households paying £811 a year more on grocery bills than 12 months ago, says research firm Kantar

Birmingham Post

St James’s Place eyes future growth after ‘challenging backdrop’ in 2022

The FTSE 100 firm said its underlying cash had reached an all-time high and it had continued to attract new business flows despite rising inflation, geopolitical uncertainty and investment market volatility

Daily Mirror

Supermarket shoppers face paying £811 more in stores as grocery inflation hits 17.1%

New research from Kantar shows grocery price inflation hit its highest level since records began in 2008 for the seven days to February 14 and is up from 16.7% the previous month

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