The Latest Breaking News from Inflation

Bosses called on the Chancellor to intervene “at pace” after Michael Gove ruled out an emergency budget on Wednesday

US tech giant Apple has announced it is stopping production of its iconic iPod device, which was first launched in 2001. With a battery life of 10 hours and enough space for 1,000 songs, the iPod completely changed the way we listen to music and paved the way for smartphones.…

The annual inflation rate eased somewhat in April, but not enough to meaningfully reduce the burden on lower-income Americans.

Higher costs for food, labor, rent, gasoline and cooking gas make it harder for casual dining places to buy, cook and deliver meals. And they're limited in how much they can pass on to customers.

Australia’s minimum wage is shrinking compared to median pay, bucking global trends

The UK Government has been accused of failing to protect people from inflationary pressures and rising energy bills.

Shares are mixed in Asia with Chinese benchmarks pressing higher after a rally in technology companies helped reverse most of an early slide on Wall Street

There is no alternative to timely policy responses, heeding sound economic advice, and strengthening institutions 

US food prices rise at fastest rate since 1981, as ECB’s Lagarde cements expectations for July rate hike, and German price rises hit record high