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June 11, 2026

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Inflation

Inflation pushes Germany into recession with Europe’s largest economy shrinking in first few months of year

INFLATION has pushed Germany into recession in the first three months of the year.

Europe’s largest economy shrank by 0.3 per cent from January to March — after contracting by 0.5 per cent in the last three months of 2022.

Leader of opposition pa…

May 26, 2023
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Australia should increase competition to fight ‘excessive pricing’ by supermarkets, Rod Sims says

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…

May 25, 2023
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German economy in recession after high prices take toll

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 …

May 25, 2023
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Failure to grasp UK inflation drivers will continue to keep prices high

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…

May 24, 2023
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Bank forecast to raise rates above 5% as UK inflation falls by less than expected

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…

May 24, 2023
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Inflation calculator: find out how much UK household price rises affect you

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…

May 24, 2023
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Wednesday briefing: Why the UK’s inflation rate just came down to 8.7%

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…

May 24, 2023
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Bank of England says inflation has ‘turned corner’ despite soaring food prices

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…

May 23, 2023
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UK food price inflation at third-highest level since 2008

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…

May 23, 2023
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Australia’s big supermarkets increased profit margins through pandemic and cost-of-living crisis, analysis reveals

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…

May 21, 2023
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  • Ryanair investigated over charging parents to sit with their children June 11, 2026
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