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…
US wholesale inflation slowed more than expected in July
Businesses’ costs aren’t rising as fast as they have been in recent months, an indication that price hikes…
PPI wholesale inflation falls 0.3% in June thanks to lower gas prices
Wholesale inflation dipped in June, the Bureau of Labor Statistics reported Wednesday, with the Producer Price Index for…
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…
Energy bills to stay high until end of 2027
Millions of households are set to see their energy bills rise due to the Middle East conflict after…
Britain’s Energy Crisis Is Driving Manufacturing Offshore
The UK risks a major wave of deindustrialization and widespread factory closures unless the government expands emergency relief…
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…
Labor is quietly confident the battery boom will help prevent power price shocks
It was remarkable timing and powerful symbolism. Two giant chimneys towering over the site of the old Liddell…