Browsing: core inflation

US inflation rose to 3% in September as energy and food prices increased, marking the highest annual rate since January.

US inflation data for June is expected to show how President Trump’s tariffs are beginning to influence consumer prices across key goods categories.

UK inflation surged to 3% in January, surpassing forecasts, with rising transport and food costs fueling the increase, according to the Office for National Statistics.

Core inflation stayed at 2.8% in December, aligning with expectations but above the Fed’s target. Rising energy costs and tariff threats pose risks to price stability.

UK inflation rose to 2.3% in October 2024, its highest in six months, driven by soaring energy costs. The Bank of England faces challenges balancing inflation control and economic growth.

Inflation in the euro zone dropped to 2.2% in August, heightening the likelihood of a September ECB rate cut as economic pressures ease.