Category : Search result: high inflation


Food Inflation Rises to 3.3% in December

Shop price inflation edged up in December as food costs rose to 3.3%, pressuring household budgets. Experts warn of 'sticky' inflation in 2026. Read the full analysis.

Food Inflation Hits 3.3%, Driving Up Shop Prices

New data reveals UK shop price inflation edged up in December, driven by a sharp rise in food costs to 3.3%. Discover the pressures on household budgets and the outlook for 2026.

Florida Teen Football Star Dies in Christmas Eve Crash

Brian Moss, 16, a rising football talent at Viera High School, tragically died on Christmas Eve following a car accident with his family. The community mourns the loss of the Varsity Specialty Player of the Year.

Asian Markets Advance After S&P 500 Record High

Asian markets mostly gained after the S&P 500 closed at a new peak, driven by strong US economic growth data. Discover the latest on global markets, inflation, and precious metals.

US inflation rises to 2.7% in November data

US inflation climbed to 2.7% in November, lower than the 3.1% forecast. The Bureau of Labor Statistics released the data, which skipped October due to a shutdown. Read the full analysis.

UK inflation drops unexpectedly to 3.2% in November

UK inflation fell more than expected to 3.2% in November, driven by falling food prices. The surprise drop increases pressure on the Bank of England to cut interest rates. Read the full analysis.

Shop price inflation slows ahead of Christmas

Good news for UK shoppers as shop price inflation eased to 0.6% in November, with food inflation slowing to 3%. Retailers hope for a confidence boost in the crucial festive period. Discover the latest trends.

Australian inflation surges to 3.8% in October

Australia experiences unexpected inflation surge of 3.8% in October, surpassing financial market predictions and raising cost of living concerns. Analysis of economic impact.

Top 10 UK Independent High Streets Revealed

Discover the UK's top 10 independent high streets, from Brighton to Edinburgh, as revealed by new American Express research. Support local businesses and plan your next visit!

Target's profit slides 19% ahead of holidays

Target's third-quarter profit fell 19% as high inflation deters shoppers. The retailer anticipates a weak holiday season. Discover the challenges facing the new CEO.

UK inflation falls to four-month low of 3.6%

UK inflation fell to 3.6% in October, a four-month low, as energy price hikes slowed. Food costs, however, rose sharply. Read the full analysis ahead of the Budget.

UK inflation drops to 3.6% in October

UK inflation fell to 3.6% in October, a pre-Budget boost for households and Chancellor Rachel Reeves. Food prices are finally dropping. Discover what this means for you.

RBA Holds Rates as Inflation Surprise Rattles Economy

The Reserve Bank of Australia maintains current interest rates despite unexpected inflation data, signalling cautious optimism amid economic uncertainty. Analysis of what this means for mortgages and the broader economy.

UK Food Price Shock: Supermarket Bills Soar

British households are confronting unprecedented food price increases as new data reveals shocking rises in everyday essentials. Discover which items have seen the biggest jumps and why experts warn the crisis is far from over.

UK Inflation Plummets to 2% Target

In a dramatic economic turnaround, UK inflation has hit the Bank of England's 2% target for the first time in nearly three years, sparking speculation about imminent interest rate cuts and relief for households.

UK inflation falls to 2% target

Inflation has hit the Bank of England's 2% target for the first time in nearly three years, putting pressure on policymakers ahead of Thursday's crucial interest rate announcement.

Weekly food shop prices hit record high in UK

British households face unprecedented pressure as grocery prices surge 15.7% annually, with essentials like milk, butter and cheese seeing the sharpest increases. New data reveals the ongoing cost-of-living crisis is far from over.

Credit Suisse Faces High Court Over Mozambique Scandal

The Swiss banking giant confronts fresh legal turmoil as the High Court greenlights a landmark case over its role in Mozambique's controversial $2 billion loan scandal that crippled the African nation's economy.

UK Has Worst Inflation Among Advanced Economies

Exclusive analysis reveals Britain is suffering the worst inflation among world's wealthiest nations, with families facing unprecedented cost of living pressures as prices continue to soar.

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