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The Latest Breaking News from Inflation

Breaking Live 5 publishers covering this story in the last 6 hours

15m ago US services sector cools in September, price pressures building
1h ago When growth is not enough: housing and inflation, Sánchez's key election challenges
2h ago Godrej Consumer expects high-teens revenue growth in Q2 despite inflationary pressures
3h ago Iran’s oil minister resigns as country’s economic crisis worsens
3h ago US stocks: Nasdaq hits record as megacap gains offset elevated Treasury yields

Asian stocks mixed after US job gain paves way for rate hike

Asian stock markets are mixed after strong U.S. jobs data cleared the way for more interest rate hikes and China reported its exports rose by double digits

The Independent UK · Aug 8, 2022

Commentary: The fatal flaw in your retirement plan’s target date funds

There was a major development in 2006 that transformed how Americans invest for retirement. It solved one problem, but created another that will be causing extra pain to people who retire in this economy.

Tribune News Service · Aug 8, 2022

Maharashtra: Liquor companies seek hike in prices of IMFL & wines

MUMBAI: The liquor industry, especially those selling Indian made foreign liquor (IMFL) and wines, have requested the state to allow them a hike in prices in the range of Rs 85 to Rs 125 per 750 ml bottle, depending on the respective segments and brands. This they claim is a…

The Times of India · Aug 8, 2022

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NatWest survey shows East Midlands economy contracting

However job numbers up and rate of cost inflation said to have eased to ten-month low

Birmingham Post · Aug 8, 2022

Biden, Democrats look for midterm boost from breakthrough bill

President Joe Biden and his party finally scored the win they’ve been waiting for heading into the November congressional elections, but it’s uncertain it will be enough to save them from the nation’s sour mood over inflation.

Tribune News Service · Aug 7, 2022

City workers get double-digit wage rises while lowest-paid see 1% increase

Report finds ‘tale of two labour markets’ as workers in London’s financial district enjoy inflation-busting increases

The Guardian - UK · Aug 7, 2022

Two-thirds of UK’s top restaurants in the red after Brexit, Covid and inflation

Meanwhile £700m of support funds in business rates relief remains unpaid by local councils

The Guardian - UK · Aug 7, 2022

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Yorkshire and Humber business activity falls to lowest level in 18 months

The NatWest Business Activity Index measures the output of the region’s manufacturing and service sectors

Birmingham Post · Aug 7, 2022

Firms 'holding on to hopes that demand lull is temporary': NatWest issues inflation warning amid 'modest' growth

The amount of new business placed with firms in the North West fell during July

Birmingham Post · Aug 7, 2022

North East business activity falls at fastest rate in 18 months, survey says

NatWest North East Business Activity Index measures changes in the region's manufacturing and service sectors

Birmingham Post · Aug 7, 2022

'Increasingly gloomy outlook' for South West firms as rising inflation bites

Business activity in the region was "muted" in July

Birmingham Post · Aug 7, 2022

US Senate approves bill to fight climate change, cut drug costs

Estimated $430bn economic package aims to slow climate change, control medicine costs, and raise corporate taxes.

Al Jazeera · Aug 7, 2022

US Democrats pass massive clean-energy, healthcare spending bill hoped to tackle inflation

The US Senate has passed a sweeping $US430 billion bill intended to fight climate change, lower drug prices, and raise some corporate taxes.

ABC News · Aug 7, 2022

Borrowers prepare to take a hit

Some business sectors are concerned about the effect of the Bank of Thailand's anticipated interest rate hike on companies and the public, while related private and state organisations have vowed to do their best to mitigate the impact.

Bangkok Post · Aug 7, 2022

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Bangkok Post · Aug 7, 2022

Sri Lanka syndrome: Is Bangladesh out of danger?

With global inflation rising and the fear of fuel and food crises looming large, clouds are gathering on the economic horizon of South Asian countries. Sri Lanka in particular remains mired in a crisis driven by a mix of high indebtedness, soaring inflation and poor economic management.

Salon · Aug 7, 2022

Inflation Reduction Act passes Senate

"I ran to make government work for working families again. That’s what this bill does — period," says Biden

ABC News · Aug 7, 2022

From French lessons to food delivery, record numbers of young people are finding side hustles to make ends meet

As rents and prices get hiked, record numbers of young people are having to find side hustles to make ends meet. Here's what some are doing.

ABC News · Aug 7, 2022

In New Zealand wages are growing. Will Australian workers' pay packets get a bump?

There are hints that wages are going up — helping workers meet the cost of soaring inflation for food, fuel and essentials. But you might have to quit your job to get a raise.

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Chicago Sun-Times · Aug 7, 2022

Senate Democrats approve big Biden deal; House to vote next

The estimated $740 billion package heads next to the House, where lawmakers are poised to deliver on Biden’s priorities.

Axios · Aug 7, 2022

Senate Democrats pass $740 billion tax, climate and health care bill

The 51-50 passage of the Inflation Reduction Act, just three months before the midterm elections, is a massive victory for Democrats.

The Guardian - US · Aug 7, 2022

US Senate passes $739bn healthcare and climate bill after months of wrangling

Inflation Reduction Act will reduce planet-heating emissions and lower prescription drug costs – and give Biden a crucial victory

The Hindu · Aug 7, 2022

Focused on inflation: On the RBI’s rate hike

A rate increase was needed to prevent inflation expectations from stymieing growth

Tribune News Service · Aug 7, 2022

Daly says Fed is ‘far from done yet’ on bringing inflation down

San Francisco Fed President Mary Daly suggested a 50 basis-point rate increase isn’t locked in at the U.S. central bank’s next policy meeting, saying the Federal Reserve is “far from done yet” in bringing down inflation.

The Guardian - UK · Aug 7, 2022

Interest rate rise will be as useful as medieval bloodletting

Letter: The Bank of England’s recent rate increase will do nothing to curb inflation, says Jean-Claude Fouque

The Independent UK · Aug 7, 2022

Joe Manchin defends Inflation Reduction Act after Bernie Sanders says it will do little to address inflation

“This is not Bernie's bill,” the West Virginia Democrat tells The Independent.

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