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Inflation

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

Oil prices fall on interest rate rise and build-up in US crude stocks

EnergyMarch 23, 2023
Interest rates on credit cards will rise after the UAE Central Bank raised its benchmark rate by 25 basis points on Wednesday. AP

What does the US Fed's interest rate rise mean for UAE consumers?

MoneyMarch 23, 2023
A fruit seller at Ridley Road Market in Hackney, London. UK food and drink prices are at their highest in 45 years. Bloomberg

UK inflation records surprise increase

UKMarch 22, 2023

Price of some groceries ‘has more than doubled over last year’

UKMarch 22, 2023
The Bank of England decision on interest rates on Thursday is now on a knife-edge: will they raise rates or not? EPA

Will the Bank of England raise interest rates?

UKMarch 21, 2023
Times Square in New York City. Residents earning an annual income of $100,000 lose more than half of their salary to taxes and inflation. Getty Images

What is a $100,000 salary in New York City really worth?

MoneyMarch 16, 2023

Living standards to fall despite UK avoiding recession

UKMarch 15, 2023
Chancellor of the Exchequer Jeremy Hunt delivers his budget to the House of Commons in London. AP

Budget summary: Jeremy Hunt seeks to reverse ingrained decline

UKMarch 15, 2023
A bakery worker delivering bread in Cairo. EPA

Egypt's pound under pressure as dollar shortage persists

BusinessMarch 15, 2023
Noura Refaey, an Egyptian mother of three, at a food market in Cairo's Talbia district where food prices continue to rise almost on a daily basis as Egypt contends with some of the worst economic conditions in years. Mahmoud Nasr for The National
Play

How Egyptians are changing their diets to cope with higher food prices

EgyptMarch 15, 2023
A customer pays for pork in a local market, after Argentina's annual inflation rate skyrocketed past 100 per cent in February. Reuters

Argentina inflation tops 100% for first time since 1991

EconomyMarch 14, 2023
A store in Manhattan promotes its prices. US consumer prices rose by 0.4 per cent in February from January, according to Labour Department data. AFP

US inflation cools slightly as Fed considers next move on rates

EconomyMarch 14, 2023
People shop in a supermarket in Los Angeles, California. Consumer prices rose sharply last year. Reuters

Inflation: Understanding what comes next

EconomyMarch 11, 2023
US employers beat expectations again for February, adding 311,000 jobs. Reuters

US hiring robust in February as unemployment ticks up

EconomyMarch 10, 2023
Construction work by St Paul's Cathedral in London. The UK's construction sector shrank by 1.7 per cent in January. EPA

UK economy rebounded in January but caution remains

UKMarch 10, 2023
President Joe Biden delivers remarks on his administration's budget proposals in Philadelphia, Pennsylvania. EPA

Biden budget foresees unemployment climbing and the economy cooling

USMarch 09, 2023
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