Shop price inflation hits two-year high as rising energy costs hit consumers

Shop price inflation has hit a two-year high and is set to climb through the autumn as a surge in energy and commodity costs filters through to consumers, a top business group has found. The British Retail Consortium (BRC), which represents major supermarkets and high street shops across the UK, warned that shop price

German inflation accelerated again in August as the Iran war stoked energy costs, official data showed Monday, fuelling expectations the European Central Bank would raise interest rates next month.

Lahore citizens said even everyday essentials such as potatoes and tomatoes have become increasingly unaffordable, the report said

Federal Reserve Chair Kevin Warsh says the central bank may be forced to act if inflation does not cool. This comes as President Trump's war in Iran crosses the six month mark and his tariff tiff with Canada contributes to higher prices on either side of the border.