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The Latest Breaking News from Inflation

What is inflation and what is its current rate in the UK and Europe?

UK inflation fell this week as fuel prices dropped

The Independent UK

Inflation news - live: ‘Real chance’ of recession as price rises hit 40-year high

Inflation shoots up to record 9 per cent following £700 increase to energy bills

The Independent UK

Cost of living: Highest inflation in 40 years as MPs vote down plans to slash energy bills

Tories voted down an amendment that could save households £600

Liverpool Echo

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Inflation news - live: Cost of living crisis deepens as price rises hit 40-year high

Inflation shoots up to record 9 per cent following £700 increase to energy bills

The Independent UK

Cost of living rises at fastest rate for 40 years

Inflation rose to 9% in the year to April, up from an already high 7% in March

Birmingham Post

Rishi Sunak says 'we cannot protect people completely' in cost-of-living crisis as inflation soars to all-time high

Inflation has reached an all-time high at 9%, according to the Office for National Statistics

Manchester Evening News

Inflation soars to highest on record after hike in energy prices

Consumer Prices Index inflation rose to 9% in the year to April - mostly due to the price cap on energy bills

Insider UK

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UK inflation hits 40-year high amid Russia's war in Ukraine

Britain’s inflation rate rose to the highest level in 40 years last month as Russia's war in Ukraine fueled further increases in food and fuel prices

The Independent UK

AP News Digest 3:40 am

Here are the AP’s latest coverage plans, top stories and promotable content. All times EDT. For up-to-the minute information on AP’s coverage, visit Coverage Plan at https://newsroom.ap.org.

The Independent UK

Cost of living rising at fastest rate in 40 years as inflation hits 9%

A big rise in inflation has come after energy bills soared in April but there is a warning that it may get worse

Chronicle Live

FTSE 100 Live: Inflation jumps to 9% after energy bill hike, RPI at 11.1%

Inflation today jumped to a 40-year high of 9% after cost of living pressures were fuelled by April’s big rise in energy bills.

Evening Standard

Inflation hits 'worrying' nine per cent as cost of living soars

Labour calling for an emergency budget

Wales Online

Inflation hits 40-year high of 9% as cost of living crisis deepens

Prices rose at the fastest rate since 1982 in April as the energy price cap jumped and the price of fuel soared

Evening Standard

Inflation reaches fresh record high at 9 per cent

Rising prices are set to cause the biggest drop in living standards since the 1950s

The Independent UK

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Daily Mirror

UK inflation hits 40-year high of 9% as cost of food and energy rockets

Spiralling inflation, fuelled by rising petrol and food prices, is hitting the pockets of UK households with the invasion of Ukraine being blamed for rising oil prices

Manchester Evening News

Inflation hits all-time record high as cost-of-living crisis surges

New data from the Office for National Statistics has revealed the worrying figures

The Guardian - UK

UK inflation hits 40-year high of 9% as cost of food and energy soars

Headline CPI rate fuelled by increase in household bills and rising transport costs

The Guardian - UK

Poorest UK households facing highest inflation rates as cost of living crisis deepens – as it happened

UK inflation hits 9%, its highest level since 1982, with food inflation highest since 2011

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The Independent UK

Asia stocks mixed after Wall St gain, Powell warns on rates

Asian stock markets are mixed after Wall Street rose and the Federal Reserve's chairman said it will raise interest rates further if needed to cool inflation

AAP

Health, climate to feature in NZ budget

New Zealand Finance Minister Grant Robertson will deliver the fifth budget of Jacinda Ardern's two-term government on Thursday.

AAP

Budget repair starts with grants: Albanese

In an address to the National Press Club, Anthony Albanese has promised to return $750 million to the budget to pay back rising debt.

The Guardian - AU

Real incomes shrink as wages growth of 0.7% in March quarter falls behind inflation

Labor says figures released by the ABS show gap between wage growth and cost of living increases in Australia is now the largest in more than two decades

Benzinga

Bitcoin, Ethereum, Dogecoin Gains Trail Stocks — Fed Chair Warns Of Pain Yet To Come In Fight Against Inflation

Bitcoin and other major digital coins were in the green at press time, as the global cryptocurrency market cap increased 2.7% to $1.3 trillion.

The Canberra Times

Inflation overtakes wages as fuel, food costs soar

Australian wages have not kept pace with inflation.

The New Daily

Morrison says his ‘bulldozer’ approach has served Australia well

Scott Morrison says being a “bulldozer” has served Australia well during the pandemic – despite the country's surging pandemic death rate.

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People

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