The Latest Breaking News from Inflation

The warning comes as an exclusive Mirror poll shows voters don't believe Liz Truss has a plan to ease families' suffering

More than three million are expected to fall into absolute poverty in ‘worst two-year change on record’.

A new study has estimated that each hospital may need to pay £2 million extra a month over winter.

As high inflation forces the average consumer to prioritize necessities over wants, many shoppers are cutting back on discretionary spending. This can be attributed to the decrease in purchasing power due to higher consumer staples and energy bills, although people are purchasing fewer goods.

Bualuang Securities (BLS) is bullish about prospects for the Thai stock market in the fourth quarter, saying tourism-related businesses would play a key role in driving economic growth and the SET Index could reach 1,705 points by the year-end.

Australian shares have fallen sharply to touch their lowest level in five weeks, while mining stocks have declined and major banks have tracked a sell-off on Wall Street.

As the recently signed Inflation Reduction Act makes waves for its positive impacts on human health and the climate, the bill’s supporters shouldn’t forget the communities living in the throes of environmental violence that won’t have justice through the act alone.

Amid heightened market uncertainty, Real Estate Investment Trusts (REITs) have been gaining investors’ attention because of their resilience. They are considered safe investments in uncertain times, as they need to pay at least 90% of their taxable income as dividends. Also, REITs provide natural protection against inflation. Thus, it could…

Internet shutdowns rippled through cash-strapped Lebanon on Tuesday after employees of the country's state-owned telecom company went on strike, demanding higher wages. It was the latest reflection of one of the world's worst economic disasters, which has pulled three quarters of Lebanon's 6 million people into poverty. The Lebanese pound…

Cost of living crisis continues to bite as energy bills, fuel and food prices climb

NEW DELHI: India's gross domestic product for the period April-June 2022 came in at 13.5%, data released by Centre showed on Wednesday.