The Latest Breaking News from Inflation

Teacher union threatens strike action if government fails to offer ‘inflation plus’ pay rise

‘We can no longer stand by while you run both education and educators into the ground’

The Independent UK · Jun 22, 2022

Inflation spike 'extremely worrying' for struggling Scots, Kate Forbes says

SCOTLAND’S Finance Secretary has warned the state of the UK’s economy is “extremely worrying” as inflation hit a new 40-year high.

The National (Scotland) · Jun 22, 2022

Shapps says RMT claim he wrecked talks ‘a total lie’ as Thursday’s rail strikes set to go ahead – as it happened

This live blog is now closed

The Guardian - UK · Jun 22, 2022

Gradual hike in policy rate to limit side effects: BoT minutes

The Bank of Thailand's (BoT) rate committee held its key interest rate steady earlier this month, but noted that gradual hikes would allow the economy to adjust smoothly and limit negative side effects, minutes of the meeting showed on Wednesday.

Bangkok Post · Jun 22, 2022

Asian shares dip despite Wall St rally; eyes on Fed chair

Asian shares are lower as markets shrug off a Wall Street rally and await the congressional testimony of Federal Reserve Chair Jerome Powell

The Independent UK · Jun 22, 2022

What 9.1% inflation means for your money - and five items rising fastest in price

UK inflation has hit 9.1% in further misery for struggling households as the cost of living crisis deepens in the UK. But what does high inflation mean?

Daily Mirror · Jun 22, 2022

Inflation rises again to new 40-year high of 9.1 per cent

The cost of raw materials, said analysts, rose to its fastest rate on record

Manchester Evening News · Jun 22, 2022

We can't allow unions to win over rail strikes, UK deputy prime minister says

Britain's deputy prime minister Dominic Raab said on Wednesday that the government couldn't allow "militant unions" to win over rail strikes, warning that their demands could lead to an inflationary spiral.

Reuters · Jun 22, 2022

Tunisia Urges IMF to Consider Social Impact of Reforms

Tunisian President Kais Saied on Tuesday urged the International Monetary Fund to take into account the social impact of any economic reforms it may demand as part of a bailout package. The North African country has been in preliminary discussions with the global lender for a new loan to save…

Asharq Al-Awsat · Jun 22, 2022

FTSE 100 Live: Inflation at 9.1%, recession fears hit shares and oil price

Soaring food and motoring costs today sent the UK’s inflation rate to a fresh 40-year high of 9.1%.

Evening Standard · Jun 22, 2022