The Latest Breaking News from Inflation

Real wages fall 3% after inflation but government claims ‘jobs market is strong’ as public sector workers receive huge pay cut and bankers enjoy big bonuses

One year after the fall of Kabul, life is difficult and precarious for almost everyone in Afghanistan. More than half of the 40 million people of this troubled country are facing severe malnutrition and grinding poverty, and 90% struggle with food insecurity. In a land of widows and orphans, disaster…

Despite a weaker-than-expected second quarter, the economy is expected to continue growing in the second half of the year as tourism picks up, the Bank of Thailand (BoT) said on Tuesday, suggesting gradual policy tightening may continue.

The Inflation Reduction Act aims to reduce emissions from agriculture and natural gas systems , the top two sources of methane emissions

Vice President Kamala Harris (D) cast three tie-breaking votes in the U.S. Senate related to the Inflation Reduction Act. On August 6, she cast a vote to proceed with debate on the bill, and on August 7 she cast votes to approve an amendment and to pass the bill.

The stock market has rebounded lately from the decline in the year's first half, thanks to better-than-expected corporate earnings and the expectation of easing inflationary pressure. However, a still uncomfortable inflation level and the possible aggressive rate hikes could keep the market volatile. The Dogs of the Dow investment strategy…

Inflation is still hovering near 40-year highs, and many analysts expect the Fed to continue with its interest rate hikes. Therefore, the stock market is expected to remain under pressure. Moreover, the ongoing geopolitical tensions are adding to investors’ concerns. Given the uncertainties surrounding the market, it could be wise…

The company is the latest to give employees an extra payment amid soaring energy costs and inflation.

There is more work to be done, but the Inflation Reduction Act shows what serious, committed public servants can accomplish when they work together.

This plan could save the average household £1,000

The forecast is included in a report to councillors this week and is mainly due to “increased costs within utilities, PFI/PPP contracts and transport contracts due to inflationary pressures”.