LONDON (AP) — UK inflation rose to a near 18-month high in June as food prices surged for the third month running, official figures showed Wednesday. Economists said the unexpected increase could ...

Food prices rose at a rate of 4.5% and transport prices rose by 1.7% in the 12 months to June, up from 0.7% in May.

Official data showed Consumer Prices Index inflation rose to 3.6% in June, up from 3.4% in May and the highest since January 2024.

A broader political battle over Trump’s tariffs is emerging, a fight that will ultimately be determined by how the U.S.

Excluding volatile items like food, energy, alcohol, and tobacco, core inflation also saw a slight increase. The core consumer prices index, which focuses on these more stable categories, rose by 3.7 ...

Underlying inflation remained stubbornly hot in June, leading financial markets and many economists to firm up calls for a third straight interest rate hold from the Bank of Canada later this month.

President Trump’s fight against Federal Reserve Chair Jerome Powell has taken on a new dimension, with an overhaul of the central bank’s headquarters at the center of a growing White House ...

Food inflation has climbed to its highest level in nearly a year as farmers grapple with escalating costs following tax increases and severe weather conditions. Whilst overall inflation exceeded ...

Argentina's president has proven the first lesson of economics: price controls do nothing to alleviate scarcity.

Whether the Federal Reserve cuts rates in September is now looking like a 50/50 call after June’s inflation data. Traders are pricing in a 50.5% chance of the Fed lowering borrowing costs by a quarter ...

Tuesday’s late-night shows lit into Trump over Epstein files, inflation, and tariffs—with a few detours into AI, Beyoncé, and ...