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The Latest Breaking News from Inflation

Breaking 3 publishers covering this story in the last 6 hours

2h ago America In Focus: Unemployment rate climbs, mortgage rate hits nearly 3 year high
5h ago India can sustain around 7% growth despite global concerns: Nilesh Shah
5h ago Social Security’s COLA Is Coming — 5 Retirement Expenses to Compare It Against

Indian economy grows 6.3% in Q2 of FY23; services shine, manufacturing & mining sectors drag

NEW DELHI: India's gross domestic product (GDP) for the period July-September 2022 grew by 6.3% , data released by the government showed on Wednesday.

The Times of India · Nov 30, 2022

CFOs are pulling out their recession playbooks. But persistent inflation is still a worry

“We've been operating at near recessionary production levels for the last three years,” American Axle CFO Christopher May said.

Fortune · Nov 30, 2022

Brexit partly to blame for high inflation, says Bank of England economist

Leaving EU ‘plays a part’ in wider economic woes, says Huw Pill

The Independent UK · Nov 30, 2022

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Poorest students more than £1,000 worse off this year as inflation outstrips support

Students are facing real terms cuts to their maintenance loans due to inflation forecast errors - as well as 'falling through the cracks" of the Government's cost of living support'

Daily Mirror · Nov 30, 2022

Inflation declines in October, offering some hope to cash-strapped shoppers

It feels like Australians have been bleeding money, so today’s announcement that inflation has eased slightly will come as a shock to many.

The New Daily · Nov 30, 2022

Inflation eases in Europe, but still in double digits

Inflation in the 19 countries that use the euro currency eased to 10% this month as fuel and utilities drifted down from painful highs

The Independent UK · Nov 30, 2022

Food inflation surges to record 12.4% - as price of meat, eggs and dairy all rise

New figures from the British Retail Consortium (BRC) show food inflation hit 12.4% in the year to November - up from 11.6% and the highest rate since BRC records began

Daily Mirror · Nov 30, 2022

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Bank of Thailand raises key interest rate

The Bank of Thailand (BoT) raised its key interest rate by 25 basis points for a third straight meeting on Wednesday, as it tries to contain above-target inflation while supporting an economic recovery facing increasing global headwinds.

Bangkok Post · Nov 30, 2022

FTSE 100 Live: FTSE 100 closes up 1%, HSBC to shut London branches, Wall Street focus on Powell speech

The global interest rate outlook is today in focus amid inflation figures in Europe and ahead of a key speech by Federal Reserve chair Jerome Powell.

Evening Standard · Nov 30, 2022

Bulb Energy takeover by Octopus cleared; anger over HSBC branch closures; food inflation at record – as it happened

The UK’s sale of collapsed Bulb Energy to Octopus Energy will go ahead after it was approved by a London judge this afternoon

The Guardian - UK · Nov 30, 2022

Poorer students over £1,000 worse off this year, warns IFS

Raising maintenance loans in England in line with forecasts, not actual inflation, could cause ‘significant hardship this winter’

The Guardian - UK · Nov 30, 2022

Dip in Australia’s inflation rate in October raises hopes price rises may have peaked

Headline CPI rate eases from 7.3% to 6.9%, lower than economists’ expectations, but fuel prices still rose as full excise rate returned

The Guardian - AU · Nov 30, 2022

Thailand heads for third-straight modest rate hike as GDP recovers

The Monetary Policy Committee is set to raise its key rate by a quarter point for a third straight meeting as an accelerating economic growth aided by tourism revival risks stoking prices.

Bangkok Post · Nov 30, 2022

Food inflation surges to 12.4% with predictions of ‘increasingly bleak’ winter

Rocketing cost of energy, animal feed and transport forces up prices, with fresh food increasing at over 14%

Wales Online · Nov 30, 2022

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ABC News · Nov 30, 2022

Inflation surprisingly eased last month as supply bottlenecks cleared

Inflation eases slightly in October, according to new monthly Bureau of Statistics figures, but the headline rate remains more than twice the Reserve Bank's target.

The Independent UK · Nov 30, 2022

Students face ‘hardship’ as botched inflation rise leaves them £1,000 worse off

Ministers under fire as maintenance loans go up by just 2.3 per cent – when inflation is 10.2 per cent

The Guardian - UK · Nov 30, 2022

UK food price inflation hits new high of 12.4%

Rise in cost of essentials will hit poorer households, already struggling with higher energy bills, hardest

The Independent UK · Nov 30, 2022

Food inflation surges to 12.4% amid predictions of ‘increasingly bleak’ winter

Fresh food prices are now 14.3% higher than last November, driven by the cost of meat, eggs and dairy.

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Newcastle Herald · Nov 29, 2022

A milestone for Pegs Cafe at Whitebridge

"This year has probably been the hardest. People don't have the money, with inflation going up and the increase in food costs."

Reason · Nov 29, 2022

Biden's Spending Spree Is Unprecedented

Instead of redirecting course, Biden is continuing Trump’s spending legacy.

StockNews.com · Nov 29, 2022

3 Stocks You Should Put More Money Into Before the End of the Year

The Fed will likely slow down its aggressive monetary policy as inflation shows signs of cooling down. Moreover, analysts at Goldman Sachs believe that there is a possibility of a ‘soft landing’ next year. Therefore, investors should consider increasing their investments in fundamentally sound stocks, AT&T (T), Acuity Brands (AYI),…

StockNews.com · Nov 29, 2022

1 Small-Cap Stock to Add to Your Portfolio This Week and 1 to Sell

With inflation showing signs of cooling down, the Fed will likely relax its aggressive monetary policy. Moreover, many are hopeful that the economy might witness a soft landing. While we believe investors should buy fundamentally sound small-cap stock CSW Industrials (CSWI), WeWork (WE) might be best avoided considering the market…

The New Daily · Nov 29, 2022

Michael Pascoe: The Pope’s a Catholic and forecasting is a mug’s game

The RBA had done all that could be done with monetary policy to fight the possibility of recession/depression from a global pandemic

WEKU · Nov 29, 2022

China should end its anti-COVID lockdowns, the head of the IMF says

The change could calm widespread protests, and would ease the impact to a world economy already struggling with high inflation, an energy crisis and disrupted food supply.

Al Jazeera · Nov 29, 2022

With inflation high, US consumer confidence down for second month

November’s figure is the lowest since July and indicates that Americans are taking a more gloomy view of the economy.

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