The Latest Breaking News from Inflation

Egypt raises price of gasoline in latest hike amid inflation

Egypt has announced it's raising prices of some types of gasoline, the latest hike to beset the cash-strapped Middle East country

The Independent UK · Mar 2, 2023

ECB looking out for price gouging as fears grow over ‘greedflation’

Concerns that a big driver of price rises may be firms using inflation as excuse to increase profit margins

The Guardian - UK · Mar 2, 2023

4 Popular Stocks You Need to Sell or Avoid Completely in 2023

Despite the Fed’s best efforts, inflation remains above the comfort zone. Minutes from the Fed’s meeting show that officials are keen on raising interest rates. This could keep the stock market under pressure this year. Therefore, it could be wise for investors to steer clear of Shopify (SHOP), Snap (SNAP),…

StockNews.com · Mar 2, 2023

3 High-Quality Stocks to Add to Your Portfolio Now

With the recent robust economic data pointing to sticky inflation, growing fears about the Fed’s potential rate hikes are expected to keep the stock market highly volatile in the upcoming months. Amid a volatile macro environment, it could be wise to add high-quality stocks BHP Group (BHP), Cisco Systems (CSCO),…

StockNews.com · Mar 2, 2023

Why are Australian households struggling as corporate profits soar?

Everyday Australian’s are struggling to keep up with the rising cost of living with soaring inflation hurting households’ hip pockets.

The New Daily · Mar 2, 2023

Free-falling rial leaves Iranians worried about financial future

Currency depreciation and high inflation show few signs of coming down, forcing many Iranians to make fewer purchases.

Al Jazeera · Mar 2, 2023

Europe inflation eases slightly as consumer pain persists

Inflation has eased only slightly in the 20 countries that use the euro currency as the pain from higher costs for food and fuel persists

The Independent UK · Mar 2, 2023

Warning as food inflation hits 17% - what this means for your weekly grocery shop

Food inflation figures from February reveal that groceries are 17.1 percent more expensive than they were last year.

Daily Record · Mar 2, 2023

Virgin Media announces major change that could have all customers paying more

Bosses have said they will introduce an inflation-based price surge next year, meaning customers won't be able to leave their contracts without paying a penalty.

Daily Record · Mar 2, 2023

Commentary: Thwarting the push to make inflation permanent

Just weeks after the Biden administration declared victory over inflation, prices are rising again. January’s inflation rate was much higher than anticipated, while the Bureau of Labor Statistics quietly doubled fourth-quarter inflation estimates. Of course, regular Americans don’t need government revisions to know that prices keep rising, especially for necessities…

Tribune News Service · Mar 2, 2023