The Latest Breaking News from Inflation

Workers asked to accept below-inflation pay hikes while pensions and benefits set for double-digit rise

Winnebago Industries Inc (NYSE:WGO) reported third-quarter FY22 sales growth of 52% year-on-year, to $1.46 billion, beating the consensus of $1.20 billion. Towable segment revenue grew 45% Y/Y to $805.6 million, driven by pricing increases and solid unit growth due to a strong dealer order backlog. Motorhome revenue of $516.3 million increased 34% Y/Y.…

Federal Reserve Chair Jerome Powell underscored the Fed’s determination to raise interest rates high enough to slow inflation, a commitment that has fanned concerns that the central bank’s fight against surging prices could tip the economy into recession

Teachers are facing a ‘huge pay cut’ in reality, union says

Small businesses across the region have urged the Government to provide more support as prices continue to rise and consumer spending is squeezed

The National Education Union is demanding action from the Government to address the ‘profound crisis’ in teaching

Last time inflation was this high Tight Fit topped hit parade with ‘The Lion Sleeps Tonight’

As the U.S. stares down record inflation, it plans to ‘outcompete’ China in key areas

At Prime Minister's Questions, the Tory leader came under fire for his handling of the economy and the rail strikes.

MUMBAI: RBI governor Shaktikanta Das has cautioned that continued high inflation is a major concern for the economy, even as economic activities are gaining traction while voting for a 50 basis points hike in key interest rate to check price rise earlier this month, as per minutes of the meeting…

Downing Street suggested an across-the-board pay rise for public sector workers with inflation - which hit 9.1% today - would be 'reckless' because it would drive up prices even further and make their money 'worthless'