The Latest Breaking News from Inflation

Pressure on chancellor to act as inflation hits a 40-year high with soaring energy bills pushing Consumer Prices Index to nine per cent in April

Andrew Selley, chief executive of Bidfood, said schools might have to use cheaper ingredients in a bid to counter rapidly rising food prices - or raise cost of dinners

Exclusive: Lib Dem-run authority will pass motion to give Tory government ‘wake-up call’ and help local charities

Labour is tabling an amendment calling for an emergency budget to help households cope with rising food and fuel costs.

Sri Lanka's central bank has secured foreign exchange to pay for fuel and cooking gas shipments that will ease crippling shortages, its governor said on Thursday, as the prime minister said supplies had been locked in for at least a month.

Every three months the Bureau of Statistics releases the lesser-known cousin of the consumer price index. It’s called the Wage Price Index (WPI) and it records changes in the overall level of wages, in the same way the price index records changes in the overall level of consumer prices.

Prescription charges in England, which would normally rise with inflation, will be frozen at £9.35 until next year, but who needs to pay for medication in England and Wales?

Faced with the the biggest inflation rise in 40 years, the Bank must do more than berate workers, says Sahil Dutta, lecturer in political economy

Especially in suburban and rural America.