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Former regulator head’s comments follow Guardian Australia analysis which shows Coles and Woolworths increased profit margins during cost-of-living crisisGet our morning and afternoon news emails, free app or daily news podcastThe former competition wa…
Updated data shows economy went into reverse in first quarter with GDP falling by 0.3%Germany has entered a recession, revised official figures have revealed, after high prices took a bigger toll on the country’s economy than originally estimated.Data …
Energy prices have fallen and farming and manufacturing costs have eased, so why are food prices still accelerating?UK inflation falls by less than expectedUK inflation: which goods and services have risen most in price?Business live updates: latest ne…
Inflation drops to 8.7% but food price increases remain close to 45-year highAnalysis: Failure to grasp inflation drivers will keep prices highUK inflation: which goods and services have risen most in price?Business live updates: latest newsThe Bank of…
This online tool will help you discover what is contributing to your household’s cost of living increasesInflation has been soaring in the UK, with people being hit by higher prices for everyday essentials.The latest inflation rate for the 12 months to…
In today’s newsletter: It’s good news – but the figure is still a bit higher than expected, even as energy costs decline. As the latest data is released, we look at its ongoing impact – and what it means for youSign up here for our daily newsletter, Fi…
Governor optimistic over economic recovery but concedes Bank has ‘lessons to learn’ after forecast errorsFrom CPI to stagflation: how the UK tracks price rises and what key inflation terms meanThe Bank of England governor has insisted that inflation ha…
Jeremy Hunt to meet food manufacturers over prices as Kantar says rate is still ‘incredibly high’UK food price inflation remains at its third-highest level since the financial crisis, with the annual rate at which the cost of groceries is increasing at…
Coles and Woolworths have defended the increased margins, but data shows shoppers are being charged more than enough to cover additional costs and other rising expensesGet our morning and afternoon news emails, free app or daily news podcastAustralia’s…
Bank of International Settlements also warns US bank failures and cryptocurrencies could reduce trustCentral banks risk losing public trust if they fail to bring down high rates of inflation found across the developed world, according to the boss of th…