The Latest Breaking News from Inflation

Plans for a high-wage, high-growth economy lie in ruins as Britain's Conservative prime minister struggles to answer a cost-of-living crisis, compounded by rising worker unrest.

The Central Bureau of Statistics in Sudan said on Tuesday that the annual inflation rate fell for the second month in a row to 125.41 percent in July, compared to 148.88 percent the previous month, after registering 192 percent in May. The country is facing record inflation rates, amid a…

Bank of England ‘could be forced to more than double interest rates’

The level is higher than forecast with experts thinking it would stay below 10%

Inflation is expected to peak later this year at 13.3 per cent, the Bank of England forecasts

ONS July figure is only fourth time in 70 years that inflation has breached 10%

Consumer Prices Index (CPI) inflation hit 10.1% in the 12 months to July - up from 9.4% in June - and is now at the highest level since the 1980s

Squeeze on consumer incomes tightens as fuel and food prices rocket, with bread, cereals, milk, cheese and eggs becoming dearer

Markets drifted in Asia on Wednesday, with investors trying to navigate an uncertain economic landscape as central banks hike interest rates to fight runaway inflation, in turn fueling fears of a possible recession. But while officials at the Federal Reserve and its peers are expected to keep tightening monetary policy…

Australia’s consumer price index is about to go monthly, meaning Australia will join most of the developed world in getting an update on inflation at the end of every month, instead of once every three months as at present.

Inflation is expected to peak later this year at 13.3% and will push the UK into a recession, according to the Bank of England