UK economy: Wage rises risk entrenching high inflation, says Chancellor Jeremy Hunt
Jeremy Hunt said the Bank of England was “very clear” that “wage pressure is one of the risks” that could
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inflation
Bank chief Andrew Bailey: 'We think inflation will fall rapidly'
Bank of England Governor Andrew Bailey says lower energy prices should help lower inflation. Read more BBC News Now retrieving
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Fed announces smaller rate rise as inflation cools
The US central bank announces its smallest rate rise in nearly a year. Read more BBC News Now retrieving an
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UK inflation: Shop prices yet to hit their peak – despite record highs seen in January | UK News
Shop prices have yet to reach their peak – despite record highs seen in January, it has been warned. Prices
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Cost of living: Grocery inflation hits new record level, adding ‘£788 to annual bill’ | Business News
Grocery inflation has hit a new record level since Christmas, according to closely watched industry data which has abruptly ended
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Egyptians offered loans to buy books as inflation soars
With book prices doubling, Egyptian authors are also being more economical in their writing. Read more BBC News Now retrieving
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Firms may be hiking prices beyond inflation – Tesco boss
Which?’s supermarket food and drink inflation tracker records the annual price rises of tens of thousands of food and drink
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Cost of living: Japan inflation jumps to new 41-year high
The country’s central bank is under pressure to increase interest rates to help curb rising prices. Read more BBC News
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Newspaper headlines: ‘Inflation corner turned’ and levelling up anger
Image caption, “Fuming” Conservatives in the north of England and the Midlands is how the i sums up anger at
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Bailey: Inflation 'likely to fall rapidly' this year
Bank of England governor says UK may have “turned the corner” on price rises, but recession remains likely. Read more
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Why inflation is falling but prices are still rising
The Office for National Statistics (ONS) which calculates inflation, bases its numbers on a basket of goods that reflects what
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Inflation: The worst is not yet over for consumers – falling inflation is not the same as falling prices | Business News
That inflation of 10.5% should be essentially good news speaks volumes for the economic turmoil of the last year. A
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Chancellor branded 'Mr Bean' for inflation video
Jeremy Hunt drew comparisons to the comic character as he used coffee cups to explain soaring costs. Read more BBC
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Inflation eases slightly to 10.5% from 10.7% the previous month due to cheaper fuel and clothes, official figures show | Business News
The rate of inflation eased to 10.5%, according to official figures – down from 10.7% in November. The Office for
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UK inflation dips but remains close to 40-year high
The rate of price rises slowed to 10.5% in December, according to official figures. Read more BBC News Now retrieving
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Wage growth at fastest rate in 20 years, though failing to keep up with inflation | Business News
The rate of UK unemployment rose to 3.7% in the three months to November and wages grew at their fastest
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Pay rises at fastest pace for over 20 years, but below inflation
Wages rose at their fastest growth since 2001 excluding the pandemic, but still lag behind rising prices. Read more BBC
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Does easing US inflation point the way for the world?
“We saw this really dramatic appreciation of the dollar when the US was really moving most forcefully against inflation earlier
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US inflation eases as energy prices drop
Prices in the US rose 6.5% over the 12 months to the end of December, the US Labor Department says.
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Potential for UK to experience persistent inflation, Bank of England chief economist says | Business News
Inflation may prove to be more persistent in the UK than other countries, the Bank of England’s chief economist has
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