It marks the second month in a row that inflation has surprised on the upside, with transport, particularly air fares, making the largest upward contribution to the monthly change.

The cap on regulated fare rises in England, Scotland and Wales is controlled by the UK, Scottish and Welsh governments respectively.

US Treasury Secretary Scott Bessent told CNBC he expects tariff revenues under President Trump to exceed his earlier $300 ...

UK annual inflation rose more than expected in July, increasing pressure on the Bank of England (BoE) to reconsider the pace ...

UK inflation figure rises in data just released, and it's prompted concerns among experts. The 3.8 percent rise in inflation ...

Following anticipated interest rate cuts by the US Federal Reserve in response to slowing economic growth, Nedbank chief ...

A recent report showed white-collar wage growth has fallen behind inflation, adding to professional workers' woes.

The Environmental Protection Agency (EPA) has canceled more than $29 billion in federal grants, said Administrator Lee Zeldin ...

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

Food Prices Up 4.9% To Highest Level Since February Prices rose 3.8% in the year to July, up from 3.6% the previous month, ...

Globalization and contract manufacturing hubs have democratized access to high-quality production. Read more here.

Bitcoin fell below $113,000, pulling the crypto market down 1.5% to $3.9t as profit-taking deepened ahead of Powell’s Jackson ...