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Cycling

          Inflation

          The latest stories and tips on rising cost of goods and services, impacting economies, wages, and purchasing power

          Data showing that inflation is easing has spurred optimism in markets. AP

          Investor optimism surges on easing inflation

          MoneyNovember 22, 2023
          Federal Reserve governor Lisa Cook. AFP

          'Soft landing' possible but no guarantees yet, Fed governor says

          EconomyNovember 16, 2023
          Saudi Arabia's economy was among the fastest-growing global economies last year. Reuters

          Saudi Arabia's annual inflation softens to 1.6% in October

          GulfNovember 16, 2023
          An assembly line worker inspects a 2023 Chevrolet Bolt EUV at the General Motors Orion Assembly on June 15, 2023, in Lake Orion, Michigan. AP

          US producer prices slide in biggest drop since 2020

          EconomyNovember 15, 2023
          Prices of goods and services increased at a slower rate in October in the US. AFP

          US inflation cools to 3.2% in October

          EconomyNovember 14, 2023
          Shops in Cairo. Inflation in Egypt had accelerated every month since June, when it hit 35.7 per cent. AFP

          Egypt's inflation slows to 35.8% in October after record high

          EgyptNovember 11, 2023
          The UK economy showed no growth in the third quarter, according to the ONS, fuelling fears of stagflation next year. EPA

          UK economy stagnates in third quarter

          BusinessNovember 10, 2023
          People walk past a restaurant with a hiring sign in Washington. In the US, there are indications that the labour market is slowing and wage pressures are easing. AFP

          Central banks have probably reached peak interest rates

          CommentNovember 04, 2023
          The Bank of England has left interest rates unchanged at 5.25 per cent. PA

          Bank of England keeps UK interest rates at 5.25 per cent

          UKNovember 02, 2023
          The Bank of England headquarters in London. Its Monetary Policy Committee will reveal its decision on interest rates on Thursday. Reuters

          UK interest rates predicted to be left on hold

          BusinessNovember 01, 2023
          UK house prices rose by 0.9 % month on month in October, a blip the Nationwide said can be attributed to fewer properties coming on to the market. EPA

          UK house prices show unexpected increase in October

          BusinessNovember 01, 2023
          US consumer confidence dipped for a third consecutive month in October over continued inflation worries. Bloomberg

          US consumer confidence dips for third straight month on inflation anxiety

          EconomyOctober 31, 2023
          Shoppers in London. Inflation on non-food items fell to 3.4 per cent from 4.4 per cent, its lowest since September 2022. PA

          UK shop price inflation drops for fifth consecutive month

          UKOctober 31, 2023
          Net mortgage approvals have fallen to their lowest levels since January, according to the Bank of England. PA

          Mortgage approvals drop as UK interest rates bite

          BusinessOctober 30, 2023
          The Charging Bull statue in New York's financial district. October has lived up to its reputation for volatility, as a surge in Treasury yields and geopolitical uncertainty pressured stocks. Bloomberg

          US stock investors look to Treasury market as Fed looms

          MarketsOctober 29, 2023
          A trader works at the New York Stock Exchange. Tech was the outlier, with the Nasdaq posting near 1 per cent gains while most other indices were in the red. Reuters

          Mixed earnings and rising Middle East tensions weigh on US markets

          MarketsOctober 28, 2023
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