After UK inflation again outpaces forecasts, a 13% peak looks optimistic Analysis: Rate has driven through 10% mark sooner than Bank of England and financial markets expected The Guardian - UK · Aug 17, 2022
Higher house prices help Persimmon offset impact of wider inflation as profit falls Average private selling price nears £246,000, up by £9,400 Evening Standard · Aug 17, 2022
Everyday food items rising in price as inflation hits 10.1% - what it means for you Consumer Prices Index (CPI) inflation is now at 10.1%, up from 9.4% in June, and is now at its highest level since February 1982 - but what does this mean for your money and what items are rising fastest? Daily Mirror · Aug 17, 2022
Inflation figure used to set rise in train fares hits 12.3% July’s RPI figure is traditionally used by the UK, Scottish and Welsh Governments to set the cap on the following year’s increase in regulated train fares, which include most season tickets on commuter routes Wales Online · Aug 17, 2022
FTSE 100 Live: Double-digit UK inflation rate, factory gate prices jump 17.1% UK inflation today hit a bigger-than-expected 10.1%, the highest annual rate in over 40 years. Evening Standard · Aug 17, 2022
Inflation hits highest level in over 40 years as cost of living continues to soar THE COST of living has soared once again, putting further strain on families under pressure across the UK. The National (Scotland) · Aug 17, 2022
Inflation - live: Boris Johnson accused of being on ‘shore leave’ as UK faces recession Inflation rate of 10.1 per cent puts further strain on households across UK The Independent UK · Aug 17, 2022
Inflation hits 10.1% reaching 40-year high amid cost of living crisis The increase was largely down to food prices and staples including toilet rolls and toothbrushes, the Office for National Statistics said. Daily Record · Aug 17, 2022
Echoes of dire 1970s in today's Britain Plans for a high-wage, high-growth economy lie in ruins as Britain's Conservative prime minister struggles to answer a cost-of-living crisis, compounded by rising worker unrest. Reuters · Aug 17, 2022
Inflation in Sudan Declines despite Stagnation, Economic Concerns The Central Bureau of Statistics in Sudan said on Tuesday that the annual inflation rate fell for the second month in a row to 125.41 percent in July, compared to 148.88 percent the previous month, after registering 192 percent in May. The country is facing record inflation rates, amid a… Asharq Al-Awsat · Aug 17, 2022
Inflation surges to 10.1% in new costs bombshell Bank of England ‘could be forced to more than double interest rates’ Evening Standard · Aug 17, 2022
Inflation hits new 40-year-high soaring into double figures The level is higher than forecast with experts thinking it would stay below 10% Wales Online · Aug 17, 2022
Inflation soars to highest rate in four decades as cost of living crisis bites Inflation is expected to peak later this year at 13.3 per cent, the Bank of England forecasts The Independent UK · Aug 17, 2022
UK inflation hits 10.1%, driven by soaring food and fuel prices ONS July figure is only fourth time in 70 years that inflation has breached 10% The Guardian - UK · Aug 17, 2022
Daily Mirror · Aug 17, 2022 Inflation hits 10.1% in new 40-year high as Bank of England warns of recession Consumer Prices Index (CPI) inflation hit 10.1% in the 12 months to July - up from 9.4% in June - and is now at the highest level since the 1980s
The Guardian - UK · Aug 17, 2022 Cost of living crisis is ‘living nightmare’, say unions, after surprise inflation rise to 10.1.% - as it happened Squeeze on consumer incomes tightens as fuel and food prices rocket, with bread, cereals, milk, cheese and eggs becoming dearer
Asharq Al-Awsat · Aug 17, 2022 Asian Markets Fluctuate as Traders Weigh Economic Outlook Markets drifted in Asia on Wednesday, with investors trying to navigate an uncertain economic landscape as central banks hike interest rates to fight runaway inflation, in turn fueling fears of a possible recession. But while officials at the Federal Reserve and its peers are expected to keep tightening monetary policy…
The Conversation · Aug 17, 2022 Australia's inflation rate is about to go monthly. Be careful what you wish for Australia’s consumer price index is about to go monthly, meaning Australia will join most of the developed world in getting an update on inflation at the end of every month, instead of once every three months as at present.
Wales Online · Aug 17, 2022 Biggest cost of living increase in decades expected with latest inflation figures Inflation is expected to peak later this year at 13.3% and will push the UK into a recession, according to the Bank of England
Daily Mirror · Aug 17, 2022 Biggest jump in cost of living in decades expected with latest inflation figures today New figures released this morning are expected to show that Britain is suffering the worst cost of living crisis since the 1980s, as sharp rises in food and fuel costs continue to put strain on households
Daily Record · Aug 17, 2022 Boris Johnson’s PM farce is ending as a Greek Tragedy Record View says the Tories are simply unable to take the radical steps needed to help people cope with soaring energy bills and inflation.
The Guardian - AU · Aug 17, 2022 Australia’s wages rise 2.6% in year to June but continue to lag inflation Increase falls short of expectations as unions call for more support to address the ‘serious failure of our wages system’
The Independent UK · Aug 16, 2022 ‘Unprecedented numbers’ of pensioners could die this winter without more help for energy bills, charity warns Age UK urges Liz Truss and Rishi Sunak to commit to emergency support and pensions triple lock
The Independent UK · Aug 16, 2022 Biggest jump in cost of living in decades expected with latest inflation figures Consumer Prices Index inflation will likely reach 9.8%, according to an average of analysts’ estimates.
Insider UK · Aug 16, 2022 Summer retail sales suffer as inflation wipes out growth Trade association calls for government help ahead of a hard winter ahead