The Latest Breaking News from Inflation

Inflation expected to have soared even higher in June as cost crisis ramps up

Economists are forecasting the latest figures from the Office for National Statistics will show Consumer Prices Index (CPI) inflation rose in June.

The Independent UK · Jul 19, 2022

Five things to know about inflation and how it is affecting us

Why inflation is happening across the globe, and what the pandemic and war in Ukraine mean for food and energy prices.

Al Jazeera · Jul 19, 2022

America's Fishing Industry Is Getting Caught Up in the Trade War

Seafood prices have gone up by double digits as tariffs and inflation drive up costs for consumers

Reason · Jul 19, 2022

Reserve Bank review will scrutinise who sits on the board and whether their views should be more transparent

A Reserve Bank of Australia review is set to examine whether its long-standing inflation target should remain.

ABC News · Jul 19, 2022

International expert to review Reserve Bank as deputy governor says households in 'fairly good position' on rate rises

An international expert on monetary policy, Carolyn Wilkins, is one of a three-member panel that will conduct a broad review of the Reserve Bank, including its objectives and the interaction of monetary and fiscal policy.

The Conversation · Jul 19, 2022

Monthly mortgage bills could rise by another $650. But the RBA’s not worried yet

Home owners are facing another $650 rise in their mortgage bills within months as the economy is pushed to the brink to curb inflation.

The New Daily · Jul 19, 2022

Yellen believes U.S. will get on board with global minimum corporate tax — eventually

Treasury Secretary Janet Yellen spoke to Morning Edition about global efforts to choke off much of Russia's profit from oil sales and the odds of a recession in the U.S.

WEKU · Jul 19, 2022

Scottish insolvencies fall even as rising inflation cranks up pressure on businesses

Insolvency advisor warns that rising UK trend may spread in the coming months

Insider UK · Jul 19, 2022

Shoppers face £454 increase to annual grocery bill as food inflation soars

Butter, milk and dog food are the items rising most sharply in price

The Independent UK · Jul 19, 2022

Singapore growth to moderate further next year, global inflation expected to ease

Singapore's economic growth is expected to moderate further next year, tracking a slowdown in its major trading partners, while global inflation is expected to ease in 2023, the head of the city-state's central bank said on Tuesday.

Reuters · Jul 19, 2022