The Latest Breaking News from Inflation

The new Universal Credit monthly payment rates to come into place in April 2023

Those who claim Universal Credit will have their payments increased from April 2023 onwards, in line with the inflation rate of 10.1 per cent - once the new financial year begins.

Edinburgh Live · Jan 13, 2023

That Bitch Inflation Has Made It Personal By Hiking Up The Cost Of Icy Poles To Magnum Prices

I will never financially recover from a little servo treat.

Pedestrian.tv · Jan 13, 2023

IMF: Full Brunt of Financial Tightening Yet to Materialize

Countries have yet to see the full impact of tightening financial conditions, IMF chief Kristalina Georgieva said Thursday, warning that central banks have some way to go in their inflation battle. Global growth is expected to slow further this year, as central banks including the US Federal Reserve have raised…

Asharq Al-Awsat · Jan 13, 2023

Australia's natural disasters bill hits $3.5 billion in 2022, billions more to come

Floods and natural disasters that hit all but one Australian state and territory in 2022 cost the economy A$5 billion ($3.48 billion) and stoked inflation according to Treasury estimates which forecast billions more spending in 2023.

Reuters · Jan 12, 2023

Inflation bites: How rising food costs affect nutrition and health

Food for thought: rising grocery prices affect food choices and nutrition, and ultimately health, and even the health-care system.

The Conversation · Jan 12, 2023

In Davos, dialogue still matters

If you need a measure of just how bad inflation has become, the World Economic Forum (WEF) in Davos can provide it. Want a hotel room in this Swiss mountain town next week? Get ready to part with around US$1,200 (40,100 baht) per night -- or much, much more.

Bangkok Post · Jan 12, 2023

Inflation is falling, but it's even lower than it looks if you take out Jeremy Siegel's least favorite CPI signal

"We are in a deflationary mode. It is time to stop raising rates,” Wharton professor Jeremy Siegel said on Thursday.

Fortune · Jan 12, 2023

ASX climbs to six-week high on hopes weaker US inflation could prompt Fed to scale back rate hikes — as it happened

The ASX gains as the cost of living in the US falls for the first time in more than two years, raising hopes the US central bank will ease interest rate rises. Look back on the day's events and insights from our business reporters on the ABC News markets blog.

ABC News · Jan 12, 2023

Crisis-hit Ghana increases public servant salaries by 30%

Ghana's government and trade unions on Thursday agreed to increase all public servants' salaries by 30% for 2023, they said in a joint statement, as the country struggles to reduce debt and tackle rampant inflation.

Reuters · Jan 12, 2023

2 Dividend Kings to Buy for 2023

Although inflation slowed in December, concerns of a recession weigh heavy on investors’ sentiments as the Fed plans to continue raising interest rates this year. Therefore, to hedge one’s portfolio against recession, investors could add PepsiCo (PEP) and Colgate-Palmolive (CL) to their portfolios due to their strong fundamentals and steady…

StockNews.com · Jan 12, 2023