UK Inflation Rises to 3.4% in December
UK inflation increased to 3.4% in December, up from 3.2% in November, marking another financial blow to households as prices continue to rise across goods and services.
UK inflation increased to 3.4% in December, up from 3.2% in November, marking another financial blow to households as prices continue to rise across goods and services.
Economists forecast UK inflation rose to 3.5% in December, driven by soaring airfares and hotel prices during Christmas travel, though long-term outlook remains downward.
Australian homeowners are warned not to expect interest rate relief until 2027, with major banks quietly increasing fixed rates. Key inflation measure remains stubbornly high.
The IMF warns Australia faces persistent above-target inflation, as economists eye a potential RBA rate hike. Key jobs and CPI data due next week will be crucial.
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Economists forecast a temporary halt in falling UK inflation for December, driven by holiday travel costs and tobacco duty hikes. Discover the latest CPI predictions and the long-term outlook.
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RecommendedUS Agriculture Secretary Brooke Rollins faces online mockery after proposing an affordable $3 meal. Critics compare it to Fyre Festival fare as cost-of-living concerns dominate politics.
US producer prices saw a modest 0.2% rise in November, a delayed report reveals. Core inflation held steady. Discover the latest figures and what they mean for the economy.
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US inflation remained steady at 2.7% in December, defying expectations and fuelling a political battle over the cost of living. Read the latest on the Fed's independence and Trump's economic response.
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RecommendedFormer President Donald Trump and Senator Elizabeth Warren held a surprisingly cordial phone call to discuss lowering costs for working-class Americans, focusing on credit card rates and housing. Read the details of their unexpected dialogue.
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Essential guide to January 2026 payment dates for state pensions and benefits, plus key cost of living support available. Find out about cold weather payments, energy help and benefit uprates.
A viral TikTok video comparing a 1997 supermarket receipt to today's prices reveals a shocking 220% increase, highlighting the UK's cost of living crisis. See the full story.
UK credit card borrowing hits £1bn as households struggle with high living costs. Debt charity StepChange warns of a dangerous spiral. Read the full analysis.
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RecommendedNew 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.
Analysis of US inflation data reveals a 25.1% price surge over five years, creating a two-tier economy. Discover the impact on wages and consumer confidence.
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A petition signed by thousands demands the UK Government increase the frozen £10 DWP Christmas Bonus to £169 to match inflation. Will Starmer's administration respond?
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Contrary to Trump's claims, US supermarket prices are rising. Economists warn the full force of 2025's record tariffs may yet hit in 2026. Read the analysis.
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Favourite festive chocolates like Celebrations and Dairy Milk now cost up to 51% more while weighing less. Discover the full impact of shrinkflation on your Christmas treats.
Over half of UK households anticipate a more expensive festive meal due to soaring energy bills, inflation, and Labour's family farm tax. Poll reveals deep cost-of-living concerns.
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RecommendedUS motorists find relief as average petrol prices drop below $3 a gallon this December, the lowest festive season cost since 2020. Discover the state-by-state breakdown and the economic factors at play.