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The Latest Breaking News from Inflation

Spain's retailers shun government proposal to freeze basic goods prices

Spain's main supermarket chains rejected on Monday a proposal by the left-wing coalition government to temporarily freeze prices of a basic staple basket to ease the pain of high inflation, calling on the government to lower taxes instead.

Reuters

An Eleventh-Hour, Hail-Mary Climate Remedy

The Inflation Reduction Act promises to slash U.S. greenhouse gas emissions, but enables more pollution in Gulf Coast communities.

Texas Observer

The reign of Charles III begins in circumstances much like those of 1952

Like the start of his mother’s reign all those years ago, King Charles III’s reign has begun in the middle of a war. Today, it is the war in Ukraine. In February 1952, it was the Korean War.

Evening Standard

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Retail inflation rises to 7% in August as food prices surge

NEW DELHI: India's retail inflation based on consumer price index (CPI) snapped a 3-month downward trend in August and surged to 7%, data released by government showed on Monday. The jump has mainly been on account of surge in food prices.

The Times of India

DWP rejects calls to increase State Pension and benefit payments before annual uprating due next April

DWP also responded to criticism over the delivery of the £20 weekly uplift to people on Universal Credit only.

Daily Record

EV Charger Tax Credit: What You Need to Know for 2026

Due to the new Trump tax bill, the federal EV charger tax credit for electric vehicle charging stations and equipment is going away sooner than initially planned.

Kiplinger

UK economy grows more slowly than expected amid cost of living crisis

GDP rises by 0.2% in July as worker shortages and inflation weigh on activity

The Guardian - UK

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Business activity in Wales falls for the first time in 18 months

Welsh firms said the fall was due to weak client demand and a fall in new orders

Birmingham Post

Morning Digest | Food prices may affect August inflation; Sri Lanka beats Pakistan to win Asia Cup final, and more

A select list of stories to read before you start your day

The Hindu

Renewed fall in business activity - report

Latest NatWest PMI points to the first drop in three months but one that was marginal overall

Birmingham Post

Corporate Australia just received a glowing profit report card, but the outlook is not as rosy

Reading between the spreadsheet lines, the annual earnings season gave a few hints of what is to come for corporate Australia and the broader economy over the next year.

ABC News

Make Learning To Trade Options Your Go To Way To Beat Inflation

Trading options, not GLD, is a great way to fight inflation.

StockNews.com

Sharad Pawar seeks joint plans against BJP

NCP chief slams government on high inflation, falling rupee value

The Hindu

Fragile state of UK economy scrutinised as nation mourns

GDP, inflation and retail sales figures due to be released over next few days

The Guardian - UK

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The Hindu

Food prices may affect August inflation

Retail inflation was 7.28% in first quarter, while RBI expects it to touch 7.1%

The Independent UK

As small businesses raise prices, some customers push back

Inflation isn’t only costing small businesses money

Dynamite News

Equity Outlook: Investors await August inflation data for fresh cues

Despite sharp volatility in financial markets globally this week, the Indian stocks managed to close the weekly trade with some gains. Read more on Dynamite News:

Reuters

Canada's Conservatives pick populist in bid to oust Trudeau's Liberals

Canada's Conservatives on Saturday picked Pierre Poilievre, a veteran parliamentarian who has promoted bitcoin as way to fight inflation, to spearhead the party's bid to oust the Liberals and Prime Minister Justin Trudeau.

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Daily Mirror

Families of disabled children beg Liz Truss for bills aid and inflation-proof benefits

Carers of disabled children say it's a matter of life and death that the prime minister grants them bills aid and inflation proof benefits in order to keep lifesaving equipment running

The Guardian - UK

Central bankers talk tough, but they can’t fight inflation like this

Raising rates has no effect when the things that are rising in price the fastest, such as fuel and food, are essential purchases

Benzinga

Fed's Decision To Raise Interest Rates 'Will Be Straightforward' And 'We're Not In A Recession': Fed Governor On Bringing Down Inflation

Investors are becoming friendlier with the idea of an interest rate hike this month, as more Fed governors continue to express their support for a third yearly increase to the federal funds rate.

France 24

Fighting the inflation fire: Europe seeks remedies to cost-of-living crunch

Inflation is a word that viewers are likely now hearing almost every day. It's the term we use to talk about the cost of things that most of us regularly buy, like food and clothes, electricity bills, and the materials and resources used by businesses. Wherever you're watching, it’s almost…

StockNews.com

Believe the Fed...More PAIN on the Way for Stocks

It’s easy to appreciate the confusion for investors at this time. Just when you think the bears are back in charge...next comes a big 3 day rally that calls it all into question. But why did stocks rally? And why do most signs still point bearish? And why does Steve…

Bangkok Post

Positioning for a fourth-quarter take-off

August was good to the Stock Exchange of Thailand with the index moving up 62.52 points, or 4% month-on-month, to close at 1,638.93 points. Average daily turnover improved significantly, climbing 21% to 70.7 billion baht, from only 58.3 billion in July.

Bangkok Post

Flurry of factors combine to dent retail sentiment

Retail sentiment remains tepid as operators fret over rising inflation, an interest rate hike and an increase in the daily minimum wage bound to raise their production costs.

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