Surprisingly benign UK inflation data signals a softer Iran war hit than feared
War’s impact on UK cost of living more muted than first forecast suggesting fuel price rises have failed to spill out more widely across UK plcUK infl...
UK inflation stays steady at 2.8% despite Iran conflict driving up fuel prices
Flatlining figure confounds forecasts of an increase to 3% as Bank of England prepares to set interest ratesUK inflation unexpectedly remained at 2.8%...
Bank of Japan raises interest rates to 31-year high amid Iran war inflation pressures
Country follows ECB in increasing borrowing costs, but US Fed and Bank of England expected to hold ratesBusiness live – latest updatesThe Bank of Japa...
ECB raises eurozone interest rates as Iran war stokes inflation
European Central Bank increases main deposit rate to 2.25%, with two further rises expected by next springBusiness live – latest updatesThe European C...
Inflation tops 4% for the first time in 3 years on spike in gasoline prices
Inflation has surged to its highest level in more than three years since the U.S. and Israel launched their war on Iran, triggering a surge in gasolin...
US inflation jumped 4.2%, the third consecutive increase since start of Iran war
Before the conflict began, inflation was at 2.4%, but the closure of the strait of Hormuz has affected energy pricesUS inflation jumped 4.2% in May, t...
Iranians Sink Into Despair Facing War Deaths and Skyrocketing Inflation
An imploding economy is causing hopelessness among both pro- and anti-government Iranians. And for those who wished for regime change, the letdown is ...
Inflation won Trump the presidency, but could cost him the midterms
Trump’s pursuit of policies that drive up prices, including tariffs and war, might be punished in November’s electionsFor such an uncannily successful...
US inflation increased at fastest pace in three years in April as Iran war hikes up prices
Americans are growing frustrated with Trump’s handling of the economy as cost of living soars ahead of midtermsUS inflation increased at its fastest p...
Ministers in talks over shelving carbon tax on fertilisers to curb food inflation
Exclusive: Package of measures discussed with farmers, including pause on duty due to come into effect next year Ministers are in discussions about su...
Partial lifting of internet restrictions reveal Iranians’ anger over food inflation
As government begins restoring connection, population voices dismay over massive price increases and shortagesThe partial lifting of internet restrict...
UK borrowed bigger than forecast £24.3bn in April as inflation adds to benefits bill
Figure comes amid rising cost of pensions as bond market jitters take monthly debt interest to £10.3bn Business live – latest updatesThe UK borrowed m...
Rising prices are Britons’ biggest money worry as inflation stays high, survey finds
Households ‘increasingly gloomy’ about finances amid fears of interest rate rises due to higher fuel pricesBusiness live – latest updatesRising prices...
Oil prices rise and bonds wobble as Iran war stokes inflation fears
Trump warning over peace talks drives up crude price as UK gilts hit by uncertainty over Starmer leadershipBusiness live – latest updatesOil prices ro...
War, inflation and Trump’s tariffs have shaken the US. Why does the stock market keep going up?
Wall Street has proved incredibly resilient to instability, and while consumer confidence has dipped, shares have soaredIt was a dark Friday for Wall ...
US inflation jumped to 3.8% in April as war with Iran continues to drive up prices
Prices rose 3.8% over the last year, according to Bureau of Labor Statistics data, highest jump since 2023Sign up for the Breaking News US newsletter ...
Trump heads to China for state visit. And, how the war in Iran has affected inflation
Trump leaves for Beijing today for a state visit with Chinese President Xi Jinping. And, a new inflation report is expected to show the war in Iran's ...
