The Latest Breaking News from Inflation

GfK consumer confidence index paints gloomy picture of public economic mood, despite surprise rise in retail sales

Consumers increasingly pessimistic about economy and personal finances amid deepening cost of living crisis

However, the number of sectors recording an overall increase in output only fell by one

What a month it has been thus far across all major markets post the Fed decision of hiking 50 basis points. When the Federal Reserve Chairman caught the whole World off guard about not considering increasing interest rates by 75 basis points it came as no surprise that investors and…

Americans today are facing one of the worst economic environments we’ve seen in decades, with skyrocketing inflation, supply chain shortages, and the Great Resignation, to name just a few of our current challenges.

GBP/USD look headed for its first weekly gain in four weeks moving into late Thursday trading. At the time of writing, the pair was trading up by 2.03% at 1.25089, supported by a broadly weaker US dollar. But a stronger pound this week didn’t relate to any major positive news…

PATIALA: Former Punjab Congress president Navjot Singh Sidhu rode a tusker with “elephantine rise in prices” sign on Thursday to protest against inflation. He claimed that more than 90% of the country could not afford new prices, and only 3% was rich enough to be immune.

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Flowers Foods, Inc. (NYSE:FLO) reported first-quarter sales growth of 10.3% year-over-year to $1.436 billion, beating the consensus of $1.40 billion. Branded retail sales increased 11% Y/Y to $956.1 million, store-branded retail $173.6 million (+6.9% Y/Y), while non-retail and other sales increased 10.2% Y/Y to $306.2 million. Adjusted EPS was $0.44, above the…

The Australian share market jumps in afternoon trade, despite another volatile day on Wall Street as investors weighed up the risk of rapid interest rate hikes tipping the US economy into recession.

Thailand's economic recovery is relatively slower than that of its Asean peers because the domestic economic structure in the country is reliant on conventional industries.