The Latest Breaking News from Inflation

Minimum wage rises have failed to keep up with GDP growth with workers on the lowest rung in society receiving only a 15-baht hike in the daily wage in the last 10 years, according to a Thammasat University economist.

Separate figures from Barclaycard also showed that card spending slowed to its lowest levels for more than a year.

The first half of 2022 has proven to be one of the most challenging environments for investors to navigate in decades. Inflationary pressures arose in 2021 as the world started reopening following mass vaccination against Covid-19. Nevertheless, inflationary pressures have only increased, forcing the Federal Reserve into an extremely hawkish…

Tax cuts and spending pledges could alarm global markets and trigger a 30% collapse in sterling, Deutsche Bank warns

With talk of inflation set to hit 20 per cent and Britons braced for the biggest hit to living costs in a generation, Greg Marsh asks: who is to blame?

The Inflation Reduction Act is a huge step in the right direction. Two proposed laws would do more to help millions of Americans afford the prescriptions they need.

Skyrocketing prices of tomatoes, potatoes and onions are putting food out of reach in flood-ravaged Pakistan and raising the specter of inflation hitting 30%, which may spur more monetary tightening.

There could be more delays in the shipment of certain goods, particularly those made in Asian countries

Liz Truss will assume the role of UK prime minister in a tough economic environment, with inflation at a 40-year high.