The Latest Breaking News from Inflation

O2 customers threaten boycott over 'just plain greed' price hike

O2 is not the only mobile phone service provides increasing prices

Nottingham Post · Feb 23, 2023

Inflation in the Eurozone: is it persisting or falling?

In 2022, the annual inflation rate hit a record level (8.4%) since the Eurozone’s creation in 1999, mostly because of disruptions in the global supply chain and by the energy crisis provoked by the conflict in Ukraine.

The Conversation · Feb 23, 2023

Full list of DWP revised weekly payment rates for 2023

State support for individuals rising to keep pace with inflation

The Independent UK · Feb 23, 2023

Treasurer looks for inflation solution at G20 summit

Treasurer Jim Chalmers will meet G20 counterparts in India to discuss tackling global inflation and supply-chain challenges spurred by the war in Ukraine.

AAP · Feb 22, 2023

Loblaw’s PR response to consumer criticism shows it prioritizes profit over people

Loblaw Companies made headlines in October 2022 for freezing the prices on one of its in-store brands in the face of record food inflation. When the promotion finally ended on Jan. 31, consumers responded negatively to the announcement.

The Conversation · Feb 22, 2023

Medibank boss reveals how hackers stole people's data and Qantas posts $1bn first-half profit — as it happened

The markets end lower as company reporting season winds down, with results from Qantas and Medibank making for interesting reading. Here's how the day unfolded.

ABC News · Feb 22, 2023

Coles, Woolworths profit surge raises questions over inflation profiteering

The big supermarkets raked in combined profits of more than $1.5 billion over the last six months of 2022. But were they profiteering from inflation or just passing on rising costs?

ABC News · Feb 22, 2023

The No. 1 Utilities Stock to Buy for February

Although inflation is still hovering at discomforting levels, the utility sector is expected to fare well due to its stable demand. Therefore, the fundamentally strong utility company Genie Energy (GNE) could help investors secure long-term returns. Hence, this stock might be a solid buy this month. Read on….

StockNews.com · Feb 22, 2023

We're in danger of falling into 1970s-style inflation without aggressive interest rate hikes, according to a top Fed official

“If inflation doesn’t start to come down, you risk this replay of the 1970s... Let’s be sharp now, let’s get inflation under control,” St. Louis Fed President James Bullard told CNBC Wednesday.

Fortune · Feb 22, 2023

Cost of living Ireland: Families around €1,000 worse off last year due to inflation

Despite a rise in the median income, it was wiped out by the rise in prices of many items worldwide

Dublin Live · Feb 22, 2023