Food Inflation Jumps as Higher Energy Costs Hit UK Retailers
Shop price inflation has hit a two-year high and is set to climb through the autumn as a…
UK Inflation Set to Rebound as Energy Bills Surge
Rising energy prices are poised to send UK inflation rearing back up, as economists warn that the summer…
UK Economy Remains Resilient Despite Iran War and Higher Energy Prices
The UK economy grew 0.4 per cent between April and June, official data has revealed, in a sign…
Bank holds interest rates as energy and memory chips set to lift inflation
The Bank of England has held interest rates for the fifth successive time despite cautioning that energy prices…
New Mideast fighting puts eurozone rate-setters on alert
Most observers expect the ECB to keep its powder dry on Thursday and pause for now whilst it…
Central bank trims borrowing costs to 2022 low, sees room for further rate cuts
The Bank of Israel on Monday decided to lower interest rates, following the US deal with Iran, eased…
Türkiye says disinflation back on track as June price growth eases
Türkiye’s annual inflation cooled in June after two months of faster price growth linked to the fallout from…
Türkiye says disinflation to get back on track after short delay
Türkiye’s disinflation process will get back on track after a delay of a few months, Treasury and Finance…
Analysts were wrong about sky-high oil prices, and they have China to thank for it
In the early days of the Iran war, analysts held the grim prediction that crude oil prices would…
UK Economy Set to Shrink as Iran Energy Shock Hits Growth
The UK economy is expected to contract despite a boost at the start of the year, with economists…
Britain’s Borrowing Outlook Darkens as Energy Shock Deepens
Chancellor Rachel Reeves has been warned that government borrowing is set to spike as a result of the…
ECB June hike a done deal, another likely in September, economists say
(Fixes formatting) By Indradip Ghosh BENGALURU, June 3 (Reuters) – The European Central Bank is set to raise…