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The Latest Breaking News from Inflation

Sunak denies ‘crisis’ in local government funding despite bankruptcy warnings

Prime minister tells MPs the priority is to get inflation down even though English councils need another £4bn to maintain services

The Guardian - UK

Inflation holds steady but services prove stubborn

Inflation holds steady but services prove stubborn

Consumer prices are growing at the same annual pace as last month, with Taylor Swift concerts fuelling a minor uptick in hotel prices in the big cities.

BBC Eyes Funding Reform As Further Cuts Loom

BBC Eyes Funding Reform As Further Cuts Loom

The BBC is looking at reforming its main source of funding in the light of a government freeze and inflationary pressures, director-general Tim Davie said on Tuesday.

International Business Times

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Central Bank Of Nigeria To Raise Benchmark Rate

Central Bank of Nigeria plans to raise benchmark interest rate to 24.75% to combat inflation and attract foreign investment.

Bank Of Canada Warns Of Low Productivity And Inflation Risks

Bank of Canada warns about low productivity's inflation risks and emphasizes the need for improvement to ensure economic growth.

Shoppers turn back to Ocado as food inflation falls again

Food and drink prices rose just 4.5% in the four weeks to March 17, a rate of increase not seen since February 2022

Evening Standard

Taiwan Central Bank To Implement Moderate Tightening Measures

Central Bank of Taiwan implements moderate tightening policy to address rising inflation concerns and support economic stability.

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UK food price inflation slows to 4.5% but many shoppers still struggling

UK food price inflation slows to 4.5% but many shoppers still struggling

Waitrose and Ocado win new shoppers while a quarter of households are feeling the squeeze

The Guardian - UK

Swiss Chocolatiers Bank On The Easter Bunny As Cocoa Costs Soar

Swiss Chocolatiers Bank On The Easter Bunny As Cocoa Costs Soar

Swiss chocolatiers have a battle on their hands as Easter rolls around, with surging cocoa prices sending their costs soaring and consumers cutting back as inflation hits their pockets.

International Business Times

The Impact Of Inflation On The Housing Market

The housing market is not immune from outside economic forces, including inflation.

Asian Markets Fluctuate As Traders Weigh US Rate Outlook

Asian Markets Fluctuate As Traders Weigh US Rate Outlook

Asian stocks swung through the morning session Tuesday as traders weighed the outlook for US interest rates ahead of the release of a key inflation reading.

International Business Times

Japan's Corporate Service Inflation Holds Steady In February

Japan's Corporate Service Inflation Holds Steady In February

Learn about Japan's stable corporate service inflation in February, indicating economic resilience and effective cost management.

South Korea Consumer Sentiment Drops Amid Food Inflation Concerns

South Korea Consumer Sentiment Drops Amid Food Inflation Concerns

Learn about the impact of food inflation on consumer sentiment in South Korea and its implications for the economy. Government measures and collaborative e...

Employers, unions at odds on wage call and inflation

Employers, unions at odds on wage call and inflation

Unions and employer groups have clashed on the annual review of minimum and award wages and its likely influence on still-above target inflation.

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Windows Central

Billionaire investor warns "The faster and higher things go up, the harder they fall" while talking about skyrocketed AI stocks, which will predictably lead to an inflationary economic slowdown

DoubleLine Capital CEO Jeffrey Gundlach indicated that the current AI boom in the world reminds him of the dotcom era in the late 90s. He added that the current AI boom in the stock market will be short-lived, pointing to accelerated inflation and low-rate stocks.

Evening Standard

‘Inflation in the UK will be too low for the next three years’, top economists say

If so, the Bank of England is likely to start slashing interest rates

Asian Markets Drop As Key US Inflation Data Looms

After last week's Federal Reserve projections for interest rates indicated it would cut three times this year, traders are optimistic about the outlook for equities.

US Core Inflation Data Impact On Global Markets

Stay informed on European markets, US core inflation data, geopolitical tensions, and corporate earnings.

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Singapore Core Inflation Reaches 3.6% In February 2023

Singapore's core inflation rate surges to 3.6% in February, highest since July 2023, driven by rising costs of food, healthcare, and education.

Minimum Wage Is Marked For An Increase, So Here’s What You Can Get For One Hour Of Work

The lowest paid Aussies could soon have a bit more cash in their wallets, as the federal government is looking to boost the minimum wage.

Malaysia's Feb CPI Surges 1.8% Over Forecast

Malaysia's CPI rose by 1.8% in February, driven by factors like rising prices and global trends, posing challenges for consumers and businesses.

Australia To Recommend Minimum Wage Increase In Line With Inflation

Australia recommends a minimum wage increase aligned with inflation to support workers' financial well-being and address income inequality.

International Business Times

Asian Markets Mixed As Key US Inflation Data Looms

Asian markets were mixed on Monday as investors set their sights on the release of key US inflation data due at the end of the week.

The Guardian - AU

King takes aim at Liberals over preselection of women – as it happened

This blog is now closed.

PM says minimum wage workers 'should not fall behind'

Lowest-paid workers should not be going backwards and worker pay rises are not at odds with moderating inflation, the prime minister says.

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