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The Latest Breaking News from Inflation

Breaking 5 publishers covering this story in the last 6 hours

2h ago Stocks Climb as Traders Watch Past Treasury Yields. Nasdaq Composite Hits New High.
2h ago The Bond Market Doesn't Trust the Treasury
3h ago Euro hits 17-month low as French debt fears, US inflation lift dollar
3h ago MAGAnomics is starting to look uncomfortably like Bidenomics
3h ago GOP Sen John Kennedy Says Republicans Must Admit Trump-Era Inflation Is Hurting Americans: 'Tell Them the Truth'

Americans gave a near-record $485 billion to charity in 2021, despite surging inflation rates

Boosted by a strong year for stocks and swift economic growth, U.S. giving in 2021 totaled a near-record US$485 billion.

The Conversation · Jun 21, 2022

US charitable giving hit record in 2021 but inflation looms

Charitable giving in the United States reached a record $485 billion in 2021, though the increase did not keep pace with inflation

The Independent UK · Jun 21, 2022

More interest rate pain: RBA’s sobering inflation warning to households

Australians must brace for several years of high inflation and rising interest rates, Reserve Bank governor Philip Lowe warned in a speech on Tuesday.

The New Daily · Jun 21, 2022

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How the cost of living crisis is hammering UK households – in charts

Highest inflation rates since the 1980s and wage stagnation have squeezed household budgets

The Guardian - UK · Jun 21, 2022

Everything we know about Budget 2023 so far as social welfare, pension and childcare to see improvements

Tánaiste Leo Varadkar has said there is a need for additional supports for middle-income earners. These would include a substantial welfare package, greater childcare supports, and a reduced tax burden

Irish Mirror · Jun 21, 2022

How much your food bill is going up by this year as grocery inflation hits 13-year high

Worrying new research shows that the cost of food is rocketing upwards, with the average home set to pay almost £400 extra this year just to eat and Brits swapping to own-brand items

Daily Mirror · Jun 21, 2022

Boris Johnson pits rail strike workers against public and says Brits can't have pay rise

The rail strike was the top of the agenda in Boris Johnson's Cabinet meeting as he said workers were “aggravating” the nation’s teenagers, workers and pensioners - and rebuffed calls for a proper pay rise this year, leading to fears of a Summer of Discontent

Daily Mirror · Jun 21, 2022

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Inflation set to draw extra 35,000 families into benefit cap, charity warns

Benefit cap costs average household £50 a week

The Independent UK · Jun 21, 2022

Bank of Thailand asked to ease impact of any rate hike: Arkhom

The finance minister said on Tuesday he had asked the central bank to minimise the impact of any interest rate hike, ensure enough liquidity in the banking system and maintain a stable baht currency.

Bangkok Post · Jun 21, 2022

Shoppers face £380 jump in grocery bills this year as inflation surges

Grocery costs up 8.3%, sending average annual bill up by £100 since April alone

The Independent UK · Jun 21, 2022

Why rail workers are on strike and what the RMT has been offered to settle dispute

The dispute is about pay, jobs and conditions, including a row over a below-inflation pay increase, safety and redundancies

Chronicle Live · Jun 21, 2022

Iceland reduces price of bread, fruit and butter to 1p

The supermarket’s offer comes as grocery inflation hits 13-year high

The Independent UK · Jun 21, 2022

Shoppers’ annual grocery bills ‘to rise by £380’

Kantar data has revealed that grocery price inflation jumped to 8. per cent over the four weeks to 12 June

The Independent UK · Jun 21, 2022

Shoppers annual grocery bills set to rise by £380 as inflation hits 13-year high

Grocery price inflation jumped to 8.3% over the four weeks to June 12 - up from 7% in May

Daily Record · Jun 21, 2022

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The Guardian - UK · Jun 21, 2022

Average UK food bill rises by £380 a year as grocery inflation hits 13-year high

Shoppers turn to own-label goods as discounters Aldi and Lidl benefit from living costs crunch

The Guardian - UK · Jun 21, 2022

UK manufacturing growth slows; Kellogg to split in three; Elon Musk’s US recession warning – as it happened

Rolling coverage of the latest economic and financial news

Wales Online · Jun 21, 2022

Brits warned of huge £380 jump in grocery bills

Food inflation hits a new high

Reuters · Jun 21, 2022

Biggest rail strike in 30 years brings UK to standstill

Britain's biggest rail strike in 30 years kicked off on Tuesday as tens of thousands of staff walked out in a dispute over pay and jobs that could pave the way for widespread industrial action across the economy in the coming months.

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Reuters · Jun 21, 2022

No Biden move on Chinese tariffs likely before G7 meeting -sources

U.S. President Joe Biden is considering scrapping tariffs on a range of Chinese goods to curb inflation, but no decision is likely before next week's Group of Seven summit, people familiar with the matter said.

The New Daily · Jun 21, 2022

High inflation to persist for ‘some years’, warns Reserve Bank boss

The governor of the Reserve Bank has warned high inflation is likely to persist for years to come as the global economy works through major supply issues.

Daily Record · Jun 21, 2022

The RMT cannot be blamed for covid pandemic and its impact on public finances

Record View says it's the UK Government that's to blame for the abysmal covid response, shambolic Brexit deal and who cannot control inflation.

Daily Mirror · Jun 21, 2022

Tories 'want to cut pay limits for city bosses but ALSO restrain public worker pay'

The Government is being accused of "hypocrisy" as leaked plans show it wants to remove some controls over City bosses' pay will restraining the wages of people in the public sector

ABC News · Jun 21, 2022

Reserve Bank governor says inflation is rising, but he doesn't see a recession on the horizon

The RBA admits it suffered "reputational damage" when it tried to wind back its COVID-19 pandemic stimulus program.

AAP · Jun 21, 2022

RBA warns of damage from rising inflation

Reserve Bank governor Philip Lowe has warned of the damage inflation can inflict on the economy and why it needs to be brought under control.

Insider UK · Jun 20, 2022

Number of sectors reporting falling output doubles amid slowing demand

Eight sectors continue to see output growth, though this was down from 11 in April

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