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The Latest Breaking News from Inflation

‘We are facing dependence on China’: EU battles to support green industry

Europe’s response to the US’s $369bn Inflation Reduction Act is being stymied by lack of funds and coordination, say analysts

The Guardian - UK

Cost-of-living crisis: is the UK over the worst of it?

The rate of price rises has fallen sharply, according to official figures, leading some experts to suggest that the UK may be getting past the worst of the cost-of-living crisis.

The Week

China deflation: why are prices going down?

Beijing denies it is in a ‘deflation’ but figures suggest economic struggle

Evening Standard

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What falling inflation means for your mortgage

Consumer Price Index falls 1.1 per cent in a month but core inflation remains stubbornly high, meaning further interest rate rise likely

The Independent UK

Despite domestic political turmoil, Pakistan is well placed to boost regional integration

Pakistan is showing clear signs of economic and political crisis. Inflation was recently almost 38%, and the country faces a debt crunch as it tries to manage its trade deficit with the rest of the world. Talks with the IMF over emergency loans have dragged on for months.

The Conversation

OPINION - The Standard View: Inflation is falling, but still a long way to go before victory can be declared

Could it be the beginning of the end for the cost-of-living crisis? Inflation slowed last month to 6.8 per cent, the lowest rate since February last year, thanks in large part to falls in gas and electricity prices. This means that wages are now rising faster than prices, with average…

Evening Standard

Sticky price rises may force Bank of England to deploy its only weapon again

Overall rate of inflation falls but costs are still increasing in some sectors, so another interest rate rise looks likely

The Guardian - UK

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What does the slowdown in inflation mean for UK households?

The Consumer Prices Index fell to 6.8% in July from 7.9% the previous month.

The Independent UK

Is the worst finally over? Relief for Rishi Sunak as inflation falls - but warning on further rate rises

Wage rises overtake inflation but interest rate hikes still loom

Evening Standard

London house prices fall, with rest of UK ‘doomed to follow’ as inflation cools

UK house price inflation slowed to 1.7% in June, according to official data.

The Independent UK

Inflation may be down, but it is far from out

Today represents one battle, albeit a significant and symbolic one, in a long campaign that is far from played out

Evening Standard

City warns on ‘sticky’ core inflation after drop in CPI

Analysts were also alarmed by the services consumer price index

Evening Standard

UK inflation: which goods and services have changed most in price?

From fruit juice to carpets and cars to hotels, how the cost of everyday items varies

The Guardian - UK

Russia’s ruble has tumbled. What does it mean for the wartime economy?

The Russian ruble has fallen a long way in recent months, and the country's central bank is stepping in to halt the slide

The Independent UK

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The Guardian - UK

Rishi Sunak accused of being ‘out of touch’ over energy bill support comments – as it happened

This live blog has now closed, you can read more of our UK political coverage here

The National (Scotland)

UK inflation slows to 17-month low but remains significantly above target

Inflation slowed to its lowest for 17 months in July due to a fall in energy prices and a slowdown in food price increases, according to official…

The Independent UK

UK inflation falls to 17-month low of 6.8% but unlikely to derail another interest rate rise

The rate of inflation in the U.K. fell sharply in July to a 17-month low largely on the back of lower energy prices

The Independent UK

August dates for DWP cost of living payments, benefits and pensions

Food inflation lodged at 18.4 per cent, ONS warns, but supermarkets expect prices to begin to fall

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The Guardian - UK

UK facing ‘high’ risk of recession despite inflation dropping to 6.8% – as it happened

UK inflation has dropped to its lowest since February 2022, following cut in energy price cap, but IPPR warns economy could fall into recession

Evening Standard

Inflation falls to 6.8% in July - mostly driven by lower energy prices

The fall raises hopes the worst of the cost of living crisis may be over

Evening Standard

FTSE 100 Live: UK inflation falls to 6.8%; shares down again after 100-point drop yesterday

BAE Systems today revealed plans to buy Colorado-based Ball Aerospace in a deal worth $5.6 billion (£4.4 billion).

The Guardian - UK

UK inflation falls sharply to 6.8% as cost of living pressures ease

Lower energy costs behind drop in annual rate in July, as wage increases finally overtake price rises

The Independent UK

UK inflation falls 1.1% in just one month as Ukraine war energy price crisis starts to ease

CPI inflation now stands at 6.8% after a fall in energy prices

The Independent UK

Stock market today: Asia shares decline as faltering Chinese economy sets off global slide

Asian shares have declined amid worries over discouraging data on China, as well as over the future of the U.S. economy

The Independent UK

Inflation expected to slow down again as Bank of England grapples with record increase in wages

Consumer Prices Index inflation is predicted to be 6.7% for July, down from 7.9% in the previous month

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