The Latest Breaking News from Inflation

New Zealand food inflation highest for 13 years as vegetables and dairy drive prices

Grocery costs rose 8.3% in August, figures show, thanks to a 6.7% rise in eggs last month and a 15% surge in fruit and vegetables

The Guardian - AU · Sep 13, 2022

Cheaper gas likely slowed high US inflation for a 2nd month

A sign that the painful inflation of the past 18 months may be gradually easing could come Tuesday, when the government is expected to report that the acceleration in U.S. prices slowed in August compared with a year ago for a second straight month

The Independent UK · Sep 13, 2022

Nio Surges 18% On Upbeat Analyst Coverage: Hong Kong Stocks Mixed As Xi-Putin Meeting, US Inflation Data In Focus

Shares of electric-vehicle maker Nio surged 18% in Hong Kong on Tuesday morning, following positive analyst coverage, even as domestic stocks opened on a mixed note. 

Benzinga · Sep 13, 2022

The Bank of Canada's own policy is the reason why inflation is so high

The Bank of Canada has raised interest rates again in an effort to quell inflation. The central bank raised its policy rate by 0.75 percentage points on Sept. 7, bringing its benchmark overnight rate to 3.25 per cent. Economists are expecting the central bank to raise it again before the…

The Conversation · Sep 12, 2022

Gold Stocks, Bitcoin Crushed Despite Inflation Hedge Argument: Goldman Sachs Now Says Buy This Miner

Gold and Bitcoin (CRYPTO: BTC) have proven neither holds the title of being a hedge against inflation this year.

Benzinga · Sep 12, 2022

DWP rejects bid to increase State Pension and benefit payments ahead of uprating in April

They also responded to criticism of £20 Universal Credit uplift

Nottingham Post · Sep 12, 2022

In Argentina, where inflation is expected to hit 95 per cent by year's end, people mourn the 'death' of their wages

Amid political scandals, unrest and failed assassination attempts, hyperinflation in Argentina once hit 5,000 per cent. Now, with real wages plummeting, the country is lurching closer to familiar disaster.

ABC News · Sep 12, 2022

England’s FE colleges face ‘unprecedented’ wave of strikes

Staff across country will take 10 days of action, spread over a four-week period, in protest over latest pay offer

The Guardian - UK · Sep 12, 2022

Steps to check prices will be felt more significantly in coming months: Finance ministry

NEW DELHI: The finance ministry on Monday attributed the rise in inflation to base effect and increase in food and fuel prices, and stressed that initiatives taken by the government to curb price rise will be felt more significantly in the coming months.

The Times of India · Sep 12, 2022

Working Glasgow households being pushed into poverty by soaring inflation

City treasurer says council's ability is limited by power and lack of money

Glasgow Live · Sep 12, 2022