Prices in the UK rose by 3.8% in the year to July, driven mainly by a jump in the price of air fares and food. That means inflation is at its highest level since January 2024 and still far above the ...

MUSCAT - The latest data released by the Statistical Centre for the Cooperation Council for the Arab Countries of the Gulf (GCC-Stat) indicated that the average inflation rate in the GCC countries ...

The war in Ukraine and the ensuing economic conflict between Russia and the West have sent inflation and prices skyrocketing, leaving governments, businesses and consumers struggling to cope. The ...

Diccon Hyatt is an experienced financial and economics reporter who has covered the pandemic-era economy in hundreds of stories over the past two years. He's written hundreds of stories breaking down ...

A key measure of consumer prices posted the biggest increase in July in six months, suggesting inflation is showing upward pressure from tariffs but maybe not enough to deter the Federal Reserve from ...

There will be no more interest rate cuts this year as inflation is expected to remain “miles above target”, economists have warned. Prices rose at an annual pace of 3.8pc in July, according to the ...

The year-over-year inflation rate unexpectedly held steady at 2.7% in July. Economists expected a tick up to 2.8%. Impacts from tariffs imposed in early August could take a while to show up in ...