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UK inflation slides to 3.2% ahead of Bank of England rate decision

UK inflation slides to 3.2% ahead of Bank of England rate decision

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British consumer price inflation fell unexpectedly sharply to 3.2% in November, from 3.6% in October, figures showed, a day before the Bank of Englan…
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US consumer prices rise in December, but underlying inflation slowing

US consumer prices rise in December, but underlying inflation slowing

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US consumer prices increased slightly more than expected in December amid higher costs for energy goods, pointing to still-elevated inflation that al…
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US economic growth slows; inflation surges

US economic growth slows; inflation surges

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The US economy grew at its slowest pace in nearly two years in the first quarter amid a surge in imports and a small build-up of unsold goods at busi…
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US consumer prices rise; underlying inflation cools

US consumer prices rise; underlying inflation cools

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US consumer prices rose in September amid surge in rental costs, as financial markets overwhelmingly anticipate the Fed to leave rates unchanged next…
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Inflation, wage growth cool as Fed weighs next move

Inflation, wage growth cool as Fed weighs next move

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Annual US inflation rose at its slowest pace in more than two years in June, raising cautious optimism of a ‘soft landing’ for the economy envisaged …
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Inflation rate drops ahead of key Fed meeting

Inflation rate drops ahead of key Fed meeting

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US consumer prices barely rose in May and the annual increase in inflation was the smallest in more than two years, supporting the view that the Fede…
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US consumer prices rise moderately

US consumer prices rise moderately

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US consumer prices barely rose in March as the cost of gasoline declined, but stubbornly high rents kept underlying inflation pressures simmering, li…
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U.S. inflation eases more than expected: report

U.S. inflation eases more than expected: report

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U.S. consumer prices rose less than expected in October, pushing the annual increase below 8%, the strongest signs yet that inflation was slowing, wh…
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'Almost a luxury': coffee, sugar, milk prices soar

'Almost a luxury': coffee, sugar, milk prices soar

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Starting the day with a cup of coffee has become more expensive, the European Union's statistics office said, highlighting a jump in the price of…
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U.S. inflation unexpectedly rises in August

U.S. inflation unexpectedly rises in August

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U.S. consumer prices unexpectedly rose in August, despite a drop in gas prices, giving the Federal Reserve ammunition to deliver a third 75 basis poi…
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Target earnings fall as inflation hits shoppers

Target earnings fall as inflation hits shoppers

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Target reported a huge fall in quarterly profits, as it struggled to lure inflation-hit shoppers with steep discounts on discretionary goods.
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U.S. inflation rises to highest annual rate since 1981

U.S. inflation rises to highest annual rate since 1981

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U.S. annual consumer prices jumped 9.1% in June, the largest increase in more than four decades.
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Tesla hikes prices for U.S. cars amid inflation

Tesla hikes prices for U.S. cars amid inflation

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Tesla again raised prices for all its car models in the U.S. in response to persistent global supply chain problems and soaring raw-material costs.
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Inflation surges in March hitting 40-year high

Inflation surges in March hitting 40-year high

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Prices Americans pay for everyday items soared in March to the highest in more than 16 years, according to inflation data released by the U.S. Labor …
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Federal Reserve warns Ukraine invasion will boost inflation

Federal Reserve warns Ukraine invasion will boost inflation

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Federal Reserve Chair Jerome Powell warned Thursday that Russia's invasion of Ukraine, which has already driven up oil prices, will likely furthe…
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Inflation in Japan? Uniqlo thinks so

Inflation in Japan? Uniqlo thinks so

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Clothing retailer Uniqlo will have to raise the prices of some products due to higher costs for raw materials and shipping, its owner said, becoming …
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Inflation needs more attention now, says Powell

Inflation needs more attention now, says Powell

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Federal Reserve Chair Jerome Powell vowed to fight inflation in testimony before U.S. lawmakers who are expected to focus on the recent surge in pric…
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Inflation main risk to economic outlook: OECD

Inflation main risk to economic outlook: OECD

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The main risk to an otherwise upbeat global economic outlook is that the current inflation spike proves longer and rises further than currently expec…
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'Risk of higher inflation has increased', Fed Chair Jerome Powell says

'Risk of higher inflation has increased', Fed Chair Jerome Powell says

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The higher prices seen today are generally related to the pandemic, but some price increases are also being seen more broadly and the risk of higher …
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Consumer inflation continues surge in September

Consumer inflation continues surge in September

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U.S. consumer prices increased solidly in September and are poised to rise further in the months ahead amid a surge in the costs of energy products.
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