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The Latest Breaking News from Inflation

Salaries seen rising 2.2% in real terms in 2023, above global average

Salaries in Thailand are expected to rise an inflation-adjusted 2.2% next year, the eighth highest in the world, a survey shows.

Bangkok Post

‘Huge squeeze’: Tough Christmas ahead as grocery and energy inflation soars

Household are facing a tough six months as the worst cost of living crisis in a generation goes from bad to worse with inflation rising.

The New Daily

Politics with Michelle Grattan: Jim Chalmers, Angus Taylor and Danielle Wood on the budget

Treasurer Jim Chalmers says of his first budget: “Inflation is the dragon we need to slay”. Chalmers’ worry about inflation was reinforced by Wednesday’s release of the September quarter CPI, which showed inflation at 7.3%.

The Conversation

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read the most diverse news in one place.

The whole world is facing a debt crisis – but richer countries can afford to stop it

Countries across the world are drifting towards a debt crisis. Economic slowdowns and rising inflation have increased demands on spending, making it almost impossible for many governments to pay back the money they owe.

The Conversation

Commentary: Look past midterm crazy season for inflation relief

Though apparently dedicated to winning the battle against inflation, Fed Chairman Powell is fighting a lonely battle that will be difficult to win, at least with an election taking place. There are limits to what the Fed can do when Congress and the White House are busy printing more money.…

Tribune News Service

Foods that have surprisingly FALLEN in price - including minced meat and orange juice

The ongoing cost of living crisis has seen a number of supermarkets bump up their food prices - but some popular items are cheaper now than they were a year ago

Daily Mirror

Brewery warns price of a pint could hit £7 and ‘become the norm’

War in Ukraine and inflation are among main drivers of increasing prices

The Independent UK

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Cost of living explorer 2025: track the impact of Australia’s quarterly CPI on prices

Use this inflation data explorer to see which goods and services are getting cheaper or more expensive in different Australian cities

The Guardian - AU

Paying £7 for a pint of beer 'will become the norm' warns brewery

Brewery chief warns that inflation, the weaker pound and spiralling costs could hit the hospitality sector extremely hard, forcing city pubs to charge well over a fiver for a drink

Wales Online

Annual inflation rate rises to 7.3 per cent amid gas price surge

The annual inflation rate has risen to 7.3 per cent as surging gas prices add pressure to household budgets

Newcastle Herald

Australia’s inflation hits 7.3%, the highest level since 1990, with interest rates now likely higher for longer

Families and businesses feeling the pinch as soaring CPI ensures more interest rate rises to come

The Guardian - AU

Inflation surges to 30-year high as grocery and gas bills spike

Australia's cost of living crisis has deepened, with inflation reaching its highest level since 1990, new official figures reveal.

The New Daily

Annual inflation soars to 7.3 per cent

The latest inflation figures confirmed what households already knew - cost of living pressures are showing no signs of easing.

AAP

'I will fix our economy,' says Rishi Sunak - before promoting those who made the mess

Tory rule have driven the nation to the brink with millions struggling in the cost of living crisis as inflation tops 10%, mortgage and energy bills rocket and pay stagnates

Daily Mirror

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Daily Mirror

'Austerity is something Britain simply can’t afford - and we will all pay the price'

Two top professors who predicted Liz Truss' downfall have outlined their own plan to help salvage the country's economy and deal with the mounting crises facing the new prime minsiter

The Guardian - AU

Treasurer says Taylor’s fingerprints ‘all over’ energy policy chaos – as it happened

This blog is now closed

Reuters

Brazil's Bolsonaro considering minimum wage increase after leaked reports

Brazil President Jair Bolsonaro's government is considering raising the minimum wage and civil servants' salaries above inflation, Economy Minister Paulo Guedes said on Tuesday, but he denied intentions to end middle class tax benefits.

StockNews.com

3 Hot Momentum Stocks to Keep Your Eye On

While the stock market has been rallying recently, with every third-quarter earnings beat encouraging investors, stubbornly high inflation is set to hurt businesses by eroding margins. Hence, to counter fresh bouts of volatility, it would be wise to invest in BP (BP), APA (APA), and Unit Corporation (UNTC), which have…

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StockNews.com

2 Cathie Wood Stocks It Would Be Wise to Avoid

With the Fed seemingly yet to be done with aggressive rate hikes to control sky-high inflation, troubles for Cathie Wood’s fleet of ETFs seem far from over. Due to overexposure to disruptive, tech-oriented businesses and cash-guzzling businesses, her investments' near-term outlook appears bleak. Hence, fundamentally weak Cathie Wood holdings Ui…

StockNews.com

2 Health Care Stocks You Can Always Count On

With inflation showing no signs of slowing down, the chances of another 75-bps rate hike are increasing. Investing in healthcare stocks tends to help investors hedge against economic downturns. And given the sound prospects of the healthcare sector, fundamentally sound healthcare stocks Pfizer (PFE) and Humana (HUM) could be good…

The Independent UK

Rishi Sunak paves way for new era of austerity in first statement as prime minister

New PM and chancellor Jeremy Hunt have days to finalise Monday’s package of cuts and tax hikes

Benzinga

Laguna Labs Launches The World's First Flatcoin Pegged To The Cost Of Living

In a time of record inflation in the U.S., the idea of "flat" has its appeal.

The Times of India

Premium, mid-end products lift festive sale spirit amid inflation woes

NEW DELHI: Premium and mid-end products have lifted sales of consumer durables and FMCG items this festive season amid inflation woes, according to industry players.

The Independent UK

Five things to watch in Pennsylvania Senate debate between Dr Oz and John Fetterman

From crime to residency to John Fetterman’s health, the sole debate between John Fetterman and Doctor Oz will have fireworks.

AAP

Budget won't add to CPI: rating agencies

Australia's credit ratings appear to be on solid ground as Labor's budget is unlikely to add to inflation, two major agencies say.

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