UK consumer prices rose 0.4% in September, slowing slightly from August’s 0.5% increase but marking the third-largest monthly gain of 2026, according to the Office for National Statistics. What’s driving inflation? Energy prices were the biggest culprit. Gasoline prices jumped ...
Inflation in Japan slowed for the first time in four months in August, but the headline improvement may be giving a misleading picture of underlying price pressures just hours before the Bank of Japan is expected to raise interest rates. ...
The Bank of England held interest rates steady Thursday, choosing to wait despite rising inflation and growing concern about the impact of higher energy prices on the U.K. economy. Why it matters: The Monetary Policy Committee voted 6-3 to maintain ...
Inflation accelerated to a five-month high in the United Kingdom in August as sharply higher fuel prices pushed transportation costs higher, according to the Office for National Statistics. Why it matters: Consumer prices rose 0.5% in August, compared with a ...
Inflation is heating back up across Europe, sending government bond yields to fresh 52-week highs as investors increasingly expect the European Central Bank to raise interest rates later this month. Driving the increase: Energy remains the biggest problem, with prices ...
The European Central Bank saw some encouraging signs on inflation at its July meeting, but policymakers remained concerned that the energy shock from the Middle East could keep price pressures elevated longer than expected. Why it matters: Euro-area inflation fell ...