The UK’s economic outlook has been shaken by a surprise rise in inflation, complicating plans for an anticipated interest rate cut in August. Despite a strong start to the year, recent data shows…

UK inflation surged to 3.5% in April, surprising economists and intensifying concerns over the Bank of England’s strategy on interest rates. The rise follows months of falling inflation and comes amid steep household…

Inflation in the UK has surged to 3% in January, reaching a ten-month high, according to the Office for National Statistics (ONS). The rise was driven by higher plane fares, increased food costs,…

The UK inflation rate surged to 2.6% in November, its highest level in eight months, driven by rising fuel and clothing costs, as well as higher ticket prices for events. This marks the…

UK business confidence has fallen to its lowest level since the early days of the Covid pandemic, according to the Institute of Directors (IoD). November’s economic confidence index dropped to -65, the lowest…

UK inflation rose by more than expected to 2.3% for October, exceeding the official 2% target. This rise, up from 1.7% in September, reflects increased energy costs following a 10% hike in the…

In September, UK inflation unexpectedly fell to 1.7%, the lowest rate in 3.5 years, down from 2.2% in August. Lower airfares and petrol prices were the main factors behind this slowdown. The inflation…

Inflation in Argentina has slowed for the fourth consecutive month, despite an annual rate nearing 300%. The monthly inflation rate rose by 8.8% in April, down from 11% in March. This is seen…

Nigeria is grappling with a severe fuel shortage, exacerbating the hardships faced by its citizens (especially those reliant on public transport). Long queues for fuel have emerged in major cities, and prices have…

The UK's unemployment rate surged unexpectedly to 4.2% in the three months to February, up from 3.9% in January, the highest level in nearly six months. This increase, alongside a slowdown in earnings…