Inflation

The rate of Consumer Prices Index inflation fell to 3.4 percent in May from 3.5 percent in April, the Office for National Statistics said.

The report highlights a significant shift in Americans’ diets toward ultra-processed foods.

The president says deadline flexibility is possible while warning that the United States is prepared to impose take-it-or-leave-it trade terms if talks fail.

Tens of millions of Social Security recipients also received a 2.5 percent increase in 2025.

Shelter inflation accounted for much of last month’s increase.

More U.S. households say they are better off now than a year ago.

Millions will see their wages rise more than inflation.

The White House meeting came amid intensifying pressure from the president to ease monetary policy as inflation has fallen.

Millions of birds were culled in Australia in response to the outbreaks.

Egg prices surge 18.6 percent due to bird flu, while electricity bills drop 6.5 percent over the year thanks to state and federal government rebates.

Food prices are now 2.8 percent higher than a year ago, up from April’s 2.6 percent, according to the BRC-NIQ Shop Price Index.

The Office for National Statistics said Consumer Prices Index inflation hit 3.5 percent in April, up from 2.6 percent in March.

Sydney, Melbourne, Brisbane, and Adelaide now sit among the world’s 10 least affordable cities globally.

‘If you are in the stagflation camp, these data aren’t confirming your thesis,’ one market expert said.

Egg-laying hen losses attributed to highly pathogenic bird flu have fallen sharply since the end of February.

Shelter and energy account for much of the monthly consumer price index increase.

‘Despite heightened uncertainty, the economy is still in a solid position,’ Fed Chair Jerome Powell said.

This week is all about the Fed. The Fed governors hinted that Friday’s healthy jobs report makes a rate cut this week less likely.

The rate of Consumer Prices Index inflation fell to 3.4 percent in May from 3.5 percent in April, the Office for National Statistics said.

The report highlights a significant shift in Americans’ diets toward ultra-processed foods.

The president says deadline flexibility is possible while warning that the United States is prepared to impose take-it-or-leave-it trade terms if talks fail.

Tens of millions of Social Security recipients also received a 2.5 percent increase in 2025.

Shelter inflation accounted for much of last month’s increase.

More U.S. households say they are better off now than a year ago.

Millions will see their wages rise more than inflation.

The White House meeting came amid intensifying pressure from the president to ease monetary policy as inflation has fallen.

Millions of birds were culled in Australia in response to the outbreaks.

Egg prices surge 18.6 percent due to bird flu, while electricity bills drop 6.5 percent over the year thanks to state and federal government rebates.

Food prices are now 2.8 percent higher than a year ago, up from April’s 2.6 percent, according to the BRC-NIQ Shop Price Index.

The Office for National Statistics said Consumer Prices Index inflation hit 3.5 percent in April, up from 2.6 percent in March.

Sydney, Melbourne, Brisbane, and Adelaide now sit among the world’s 10 least affordable cities globally.

‘If you are in the stagflation camp, these data aren’t confirming your thesis,’ one market expert said.

Egg-laying hen losses attributed to highly pathogenic bird flu have fallen sharply since the end of February.

Shelter and energy account for much of the monthly consumer price index increase.

‘Despite heightened uncertainty, the economy is still in a solid position,’ Fed Chair Jerome Powell said.

This week is all about the Fed. The Fed governors hinted that Friday’s healthy jobs report makes a rate cut this week less likely.