UK inflation falls to 2.6% in lift for Burnham’s cost of living plans
Annual June figure comes after new PM pledges to reduce pressure on households and improve economyUK inflation dropped by more than expected in June t...
Annual inflation hit 3.5% in June, down from May's more than three-year high — but the resumption of the conflict with Iran threaten to push up inflat...
Inflation cools to 3.5% in June in relief brought by brief US-Iran deal
Recent strikes have sent oil prices climbing again, with average gas price per gallon up by 70 cents on last yearInflation cooled to an annual rate of...
Rapid demand for AI datacentres in Australia could stoke inflation, experts warn – and crowd out land for housing
Calls are growing for new datacentre approvals to be halted until stronger protections are consideredGet our breaking news email, free app or daily ne...
Sainsbury’s chief says grocery inflation not as bad as feared so far
Supermarket has lifted sales with Aldi price match, and has benefited from hot weather and World Cup matchesBusiness live – latest updatesGrocery infl...
Victorian premier blames ‘inflation not corruption’ for Big Build cost blowouts amid fresh allegations
Jacinta Allan resists calls for royal commission into state’s infrastructure projects as pressure mounts following new reportsFollow our Australia new...
Key Fed inflation gauge rises to three-year high in May after gas prices peaked
Consumer prices rose 4.1% in May from a year earlier – a sign rising costs could pose problem for Trump in midtermsThe Federal Reserve’s preferred inf...
Interest rate hikes remain on cards as underlying inflation climbs, economists warn
Despite plunging fuel prices, trimmed mean inflation increased from an annual pace of 3.4% to 3.6%Follow our Australia news live blog for latest updat...
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...
