The Latest Breaking News from Inflation

What is CPI and why is it based on the price of dog collars and veggie sausages?

The consumer price index (CPI) is the main way that inflation is tracked, calculating the rising cost of every day goods, from dog food to sports bras

Daily Mirror · Jul 20, 2022

‘Right policy choice’: RBA boss Philip Lowe defends COVID response as inflation anger grows

Reserve Bank governor Philip Lowe has defended his COVID response, saying that pinning interest rates to the floor in 2020 was the “right policy choice”.

The New Daily · Jul 20, 2022

Central bank to ensure uninterrupted economic recovery

Thailand's economy has clearly recovered and the Bank of Thailand (BoT) will ensure the recovery is not interrupted by efforts to tackle higher inflation, BoT governor Sethaput Suthiwartnarueput said on Wednesday, amid expectations of an interest rate hike.

Bangkok Post · Jul 20, 2022

Newcastle grain terminal accused of preparing 'strike breaking' workforce

'Strike-breakers' prepared as grain terminal workers seek inflation pay rise

Newcastle Herald · Jul 19, 2022

Netflix Q2 subscriber loss widens, but not as much as feared

Netflix shed another 970,000 subscribers during the spring amid tougher competition and soaring inflation that’s squeezing household budgets, increasing the urgency behind the video streaming service’s effort to launch a cheaper option with commercial interruptions

The Independent UK · Jul 19, 2022

Chancellor says public sector pay rises will not fuel inflation

Britain’s biggest public-sector pay increases in nearly 20 years will not fuel price pressures, Chancellor Nadhim Zahawi said.

Evening Standard · Jul 19, 2022

Labour shortages hold back tourism recovery

Despite tourism's gradual recovery around the world, inflation and labour shortages remain big challenges for the hospitality industry, according to IHG Hotels & Resorts.

Bangkok Post · Jul 19, 2022

RBA confident households can withstand more interest rate rises

A senior RBA official is confident households can withstand more rate rises but flagged concerns over high debt levels.

The Canberra Times · Jul 19, 2022

Millions of workers get 'massive pay cut' dressed up as rise - find out if you are one

Teachers, police officers, NHS staff, civil servants and other public sector workers are being handed measly pay rises as the cost of living crisis spirals - triggering warnings of strike action

Daily Mirror · Jul 19, 2022

The Power of Dividend Reinvestment in REITs

Once upon a time in the United States, regular savings accounts paid over 5% interest. The May 31, 1979, issue of the New York Times reported that federal regulators allowed commercial banks to pay 5.25% interest on their savings accounts, while savings and loans and mutual savings banks were able…

Benzinga · Jul 19, 2022