UK inflation expected to surge as higher energy bills bite
Holly Williams, Press Association Business Editor Higher energy prices are expected to send UK inflation surging back up when official figures are released on Wednesday amid fears the summer’s record heatwaves may also start putting pressure on food costs. Many experts are forecasting that Consumer Prices Index (CPI) i
Soaring energy bills set to fuel inflation spike
Rising energy prices are poised to send UK inflation rearing back up, as economists warn that the summer boost to the economy could be fleeting. The rate of Consumer Prices Index (CPI) inflation is tipped to rise to 2.9 per cent in July, climbing from June’s 15-month low of 2.6 per cent, when the Office…
Japan's July core inflation seen at 1.8% on higher energy costs
TOKYO, Aug 14 : Japan's core consumer inflation likely accelerated in July from the previous month, as faster food price gains and cost pressures on energy from the war in the Middle East pushed prices higher, a Reuters poll of economists showed. The data would likely reinforce market expectations of an interest rate h
Spike in rice, utility, LPG costs drives up July inflation in Cordillera
BAGUIO CITY — Spikes in household expenses for rice, LPG and their monthly power bills accelerated July inflation in the summer capital and the food-producing Cordillera region to 6.8 percent. That reversed a downward trend from the peak 7.6 percent inflation rate in April, a lower 7 percent rate in May and 6.5 percent
