US inflation fell to 2.4% in September which provides much needed positive news for Kamala Harris on the upcoming election. US inflation fell to 2.4…
Browsing: Inflation
This means the Federal Reserve’s main rate stayed at its highest level in over 20 years, between 5.25% and 5.5%, where it’s been since last July.
ECB keeps interest rates unchanged but edges closer to potential rate cuts but is monitoring wage inflation
Japan’s central bank has raised the cost of borrowing for the first time in 17 years. The Bank of Japan (BOJ) increased its key interest rate from -0.1% to a range of 0%-0.1%. It comes as wages have jumped after consumer prices rose.
Chancellor Jeremy Hunt hints at further tax cuts Chancellor Jeremy Hunt has strongly suggested that he’s thinking about reducing taxes in the upcoming spring Budget.…
Coffee and chocolate help drive supermarket prices higher In the year leading up to May, the rate of price increases at supermarkets in the UK…
Liz Edwards, editor-in-chief of personal finance comparison site Finder.com spoke to Metro.co.uk.
Inflation has reached record highs for lots of countries across the world.
UK inflation falls to 8.7% but food price rises remain close to 45-year high The Guardian says Britain has recorded the sharpest fall in inflation…
It is back in single digits for the first time since last summer.
Inflation in European countries using the euro currency inches higher to 7% in April as the squeeze on households extends. Europe’s painful inflation inched higher…
European markets lose momentum due to economic and political uncertainty in the US and Turkey. Regionals indexes in Germany and France closed mixed on Monday,…
Food prices rise at fastest rate for 45 years The cost of living rose more than expected last month due to the rising prices of…
Interest rates likely to fall to pre-Covid levels, IMF predicts A new International Monetary Fund (IMF) forecast suggests that interest rates in major economies are…
More people entertaining at home amid cost of living crisis Sales of home accessories and furniture increased sharply in March, according to the British Retail…
Finally!
UK supermarket inflation hits record high The UK is experiencing record-high supermarket price inflation, with a 17.5% increase in grocery prices in the four weeks…
Councils get more money to help struggling households Starting in April, local authorities in England will receive a share of £842m from the Household Support…
Wages rise at fastest rate in 20 years but still fail to keep up with inflation Newly published figures from the Office for National Statistics…
UK inflation falls but food prices continue to rise For a second month in a row, price rises in the UK have slowed but the…
British Retail Consortium figures come amid concern over economy and rising cost of energy bills UK food price rises soared to a record rate in…
UK inflation rate rises to 10.1% UK inflation rate rises to 10.1%. The inflation metric is in the year to September, according to the Office for…
The Guardian says Falling petrol prices pushed Britain’s inflation rate back below 10% in August in the first easing of upward pressure on the cost of living in almost a year.
The i says It comes as the UK faces a cost of living crisis, with fuel, food and energy prices soaring for months.
The Independent says BREXIT will damage Britain’s competitiveness, hit productivity and dampen workers’ wages for the rest of the decade, according to a damning new study.