The Latest Breaking News from Inflation

Primark’s parent says price rises ‘nearly through’ as cost-of-living crisis hits profit

Budget fashion chain adds to hopes inflation has peaked as it looks ahead to future price cuts

Evening Standard · Apr 25, 2023

Grocery price inflation dips - but shoppers still paying 17.3% more in supermarkets

Analysts at Kantar today revealed grocery price inflation dropped slightly to 17.3% for the four weeks to April 16 - down marginally from a record 17.5%

Daily Mirror · Apr 25, 2023

Brits ‘need to accept’ they’re worse off and stop pushing wages and prices higher, says BoE chief economist – as it happened

Huw Pill says someone in UK needs to accept that they’re worse off and stop trying to maintain their real spending power through higher wages or prices

The Guardian - UK · Apr 25, 2023

NHS 'one of most important issues in UK', say almost a third of Brits

The poll of 1,000 British adults found concern about inflation is still the most pressing issue

Wales Online · Apr 24, 2023

Prezzo to shut 46 UK restaurants, putting 810 jobs at risk

Full list of site closures in England and Scotland as Italian food chain blames inflation for decision

The Guardian - UK · Apr 24, 2023

OPINION - Britain’s fight against inflation has so far been cowardly and ahistorical

The case in favour of rapidly falling inflation in the UK hinged on the idea that energy prices would, at some point, collapse. You’d have thought therefore that headline inflation would already be down quite some way.

Evening Standard · Apr 24, 2023

Sudan’s Treasury Risks Losing $2 Billion in Gold Revenues

Sudanese economists have warned that the prolongation of the war will afflict the Sudanese economy with huge losses and increase the average inflation rate, which has already reached 600 percent. Sudanese Economist Dr. Muhammad Al-Nayer estimated that the suspension of operations at the Khartoum airport to have disrupted 5 percent…

Asharq Al-Awsat · Apr 24, 2023

Longevity: The Retirement Problem No One Is Discussing

Many people saving for retirement fail to take into account how living longer will affect how much they’ll need once they stop working. What should they do?

Kiplinger · Apr 24, 2023

Do your homework if you want to grab rising savings rates

Inflation has brought some good news – for savers. But the best deals may not be around for long

The Guardian - UK · Apr 24, 2023

RBA review has ‘opened the door’ to moving away from inflation focus, panellist says

Renee Fry-McKibbin says panel considered ‘a lot of alternative frameworks’ but decision on shift would fall to future reviews

The Guardian - AU · Apr 24, 2023