Category : Search result: inflation crisis


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.

Chancellor's Impossible Economic Choice Revealed

Britain's Treasury faces an impossible choice between economic necessity and political disaster as pressure mounts for decisive action on the nation's finances. Analysis reveals the stark reality confronting the government.

RBA holds rates at 12-year high amid cost crisis

The Reserve Bank of Australia maintains its tough stance against inflation, keeping interest rates at 4.35% while households face mounting financial pressure from rising expenses across housing, utilities and essentials.

Full English Breakfast Prices Soar in Cost Crisis

Britain's beloved Full English breakfast faces unprecedented price hikes as key ingredient costs skyrocket, putting the traditional fry-up at risk of becoming unaffordable for many families.

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.

OPEC pauses oil output hikes as prices surge

Global oil markets face turbulence as OPEC+ unexpectedly pauses planned output increases, sending prices soaring while UK manufacturing activity contracts sharply.

UK Economic Storm: Energy and Mortgage Crisis Deepens

Millions of British families face financial turmoil as energy prices skyrocket and mortgage costs escalate, creating a perfect storm for household budgets. New government data reveals alarming trends that could push the UK toward recession.

Fish & Chip Prices Soar 25% in Cost Crisis

Traditional British fish and chips could become an unaffordable luxury as prices surge by over 25% amid the ongoing cost of living squeeze, new research reveals.

Chalmers' economic mistake threatens Australian recession

Exclusive analysis reveals how Jim Chalmers' economic strategy is backfiring, creating a perfect storm of inflation and stagnation that could plunge Australia into recession. Experts warn of dire consequences for households and businesses.

Albanese Confronts Inflation Crisis and Political Pressure

Prime Minister Anthony Albanese confronts mounting pressure as new inflation data reveals economic challenges, while Victoria's flooding emergency and diplomatic tensions at the APEC summit dominate Australia's political landscape.

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.

NZ's Largest Strike: 300,000 Workers Walk Out

In an unprecedented display of unity, over 300,000 public sector workers across New Zealand have launched the country's largest-ever strike, demanding better pay and working conditions amid soaring inflation.

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.

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