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Air fares and food prices push up inflation

Air fares and food prices push up inflation to 3.8% in July

The cost of food and non-alcoholic beverages rose 4.9% in the year to July, up from 4.5% in the year to June. It was the fourth month in a row in which food and drink inflation had risen, bringing prices to their highest since February 2024.

Associated Press News on MSN · 1d

Sharp rise in airfare and food costs pushed UK inflation higher in July, denting rate cut hopes

Higher food and airfare prices pushed U.K. inflation above expectations in July. The development has tempered market expectations that the Bank of England will cut interest rates again this year.

Reuters · 19h

South Africa's inflation pushed to 10-month high by food and fuel prices

South Africa's consumer price inflation rose to 3.5% year-on-year in July, driven to its highest level since September 2024 by higher food and fuel prices though still within the central bank's target range.

Fed, inflation and decision. minutes

Fox Business on MSN · 16h

Fed minutes show tariff inflation fears outweighed jobs market in July rate decision

Minutes from the Fed's July policy meeting revealed policymakers prioritized tariff-driven inflation risks over labor market concerns when keeping interest rates unchanged.

The Wall Street Journal · 19h

Fed Officials Were Divided in July Over Timing of Tariffs’ Effects on Inflation

The written account of the Federal Reserve's July meeting, released on Wednesday with a customary three-week lag, suggested officials were divided over when they could be confident that higher import costs wouldn’t lead to a period of broader,

U.S. News & World Report · 19h

Fed Minutes: Most Officials Worried About Inflation Moving Higher

Most Federal Reserve officials said last month that the threat of higher inflation was a greater concern than the potential for job losses, leading the central bank to keep its key rate unchanged

UK inflation comes in at 3.8%, hitting 18-month peaks

U.S. News Money · 6d

Wholesale Inflation Spikes in July as Tariffs Hit the Economy

The producer price index for July suggests companies may be feeling the sting of inflation and consumers could be next.

Cryptopolitan on MSN · 1d

UK inflation comes in at 3.8%, hitting 18-month peaks in July

The UK’s July inflation print came in at 3.8%, the highest rate in 18 months, pushing back expectations of any rate relief from the Bank of England in the coming months. July’s gains now surpass June’s 3.

Asharq Alawsat (English) on MSN · 1d

UK Inflation Rises to 3.8% in July

London: British consumer price inflation increased to 3.8% in July from 3.6% in June, official data showed on Wednesday.The Bank of England had forecast headline inflation would rise to 3.8% while economists polled by Reuters had mostly expected a rate of 3.

Canada, Inflation and Interest Rate

The Wall Street Journal on MSN · 1d

Canada Inflation Eases in July, Raising Hopes Interest Rates Will Again Be Cut

The pace of inflation in Canada cooled last month, offering some hope the central bank will resume lowering interest rates to help revive a sluggish economy being held down by trade uncertainty.

The Hindu BusinessLine · 17m

Retail inflation for farm, rural workers eases in July

July 2025 data shows decline in retail inflation for agricultural and rural labourers, with food index increasing slightly.

Yahoo · 2d

Canada's annual inflation rate eases to 1.7% in July, core measures stay firm

Canada's annual inflation rate eased to 1.7% in July from 1.9% in the prior month as lower year-on-year gasoline prices kept the consumer price index low, but core measures of inflation stayed sticky,

UK inflation heat puts Bank of England

Reuters · 1d

UK inflation heat puts Bank of England back in the spotlight

British inflation looks set to hit 4% next month, double the Bank of England's target and a level likely to add to nervousness at the central bank about the risk of price growth getting stuck at a stubbornly high rate.

The Financial Times · 1d

Firm UK inflation in July piles pressure on Bank of England

In July, headline CPI inflation in the UK rose at an annual rate of 3.8 per cent, above market expectations of a 3.7 per cent rise, but in line with BoE expectations Services inflation was also stronger than markets expected although it was boosted by erratic items Not all the news in the UK’s July inflation data was bad.

The Wall Street Journal on MSN · 1d

U.K. Inflation Gains Pace, Likely Keeping Bank of England From Fresh Rate Cuts

Consumer prices were 3.8% higher in July than the same month last year, as annual inflation rose to an 18-month high in the U.K.

3hon MSN

New Yorkers Given Update On $400 Inflation Rebate Checks

Governor Kathy Hochul has said New Yorkers will receive inflation rebate checks of up to $400 this fall despite proposed ...

Key Inflation Gauge Sped Up in July as Companies Grappled With Tariffs

July’s Consumer Price Index report showed an acceleration in “core” prices that strip out volatile food and energy items.

1don MSN

South Africa's consumer inflation rises in July as expected

South Africa's headline consumer inflation rose to 3.5% year-on-year in July from 3.0% in June, in line with economists' ...

UK Inflation Accelerated to 18-Month High in July

UK inflation climbed for a second month in July, adding pressure on the Bank of England to reconsider its pace of ...

6don MSN

Producer prices surged more than expected in July, spurring inflation concerns

The Bureau of Labor Statistics reported the producer price index jumped more than expected in July, spurring renewed concerns ...

6don MSN

Japan's July inflation rate likely eased but remained above BOJ target: Reuters poll

Japan's core inflation rate in July likely slowed from the previous month but remained above the Bank of Japan's 2% target, a ...

Canada CPI expected to tick higher on monthly basis in July amid uncertainty from US tariff impact

Statistics Canada will issue the Consumer Price Index (CPI) for July on Tuesday. This will attract the market's attention ...

Statistics Canada to release July inflation report this morning

OTTAWA — Statistics Canada is set to release its consumer price index report for July this morning. A poll of economists ...

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