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Air fares and food prices push up inflation

Air fares and food prices push up inflation to 3.8% in July

The cost of food and non-alcoholic beverages rose 4.9% in the year to July, up from 4.5% in the year to June. It was the fourth month in a row in which food and drink inflation had risen, bringing prices to their highest since February 2024.

Associated Press News on MSN · 1d

Sharp rise in airfare and food costs pushed UK inflation higher in July, denting rate cut hopes

Higher food and airfare prices pushed U.K. inflation above expectations in July. The development has tempered market expectations that the Bank of England will cut interest rates again this year.

Reuters · 19h

South Africa's inflation pushed to 10-month high by food and fuel prices

South Africa's consumer price inflation rose to 3.5% year-on-year in July, driven to its highest level since September 2024 by higher food and fuel prices though still within the central bank's target range.

Fed, inflation and decision. minutes

Fox Business on MSN · 17h

Fed minutes show tariff inflation fears outweighed jobs market in July rate decision

Minutes from the Fed's July policy meeting revealed policymakers prioritized tariff-driven inflation risks over labor market concerns when keeping interest rates unchanged.

U.S. News Money · 19h

Fed Divided in July on Inflation, Tariffs and Jobs

Minutes of the Federal Reserve’s July meeting show widespread concern over the slowing economy and the impacts of import tariffs.

The Wall Street Journal on MSN · 7h

Dollar Edges Higher After Fed Minutes

The dollar rose slightly after the minutes of the Fed’s July meeting signalled policymakers were more concerned about high inflation than a slowing labor market.

UK inflation heat puts Bank of England

Seeking Alpha · 7d

Rate Of Inflation Cools In July, Case For Rate Cuts Builds

With inflation easing and the labor market cooling, the risks of keeping policy too tight are mounting. The CME Group now puts the implied odds of a September rate cut at 92.2 percent, reflecting growing expectations in the fed funds futures market that the Fed will respond to the softer data.

The Wall Street Journal on MSN · 1d

U.K. Inflation Gains Pace, Likely Keeping Bank of England From Fresh Rate Cuts

Consumer prices were 3.8% higher in July than the same month last year, as annual inflation rose to an 18-month high in the U.K.

GB News on MSN · 13h

Mortgage disaster as inflation rise 'slams the door' on Bank of England interest rate cut

Economists are warning today's inflation announcement likely "slams the door" on any "meaningful reduction" in mortgage rates over the coming months. The consumer price index (CPI) rate for the 12 months to July 2025 jumped to a more-than-expected 3.

6don MSN

Producer prices surged more than expected in July, spurring inflation concerns

The Bureau of Labor Statistics reported the producer price index jumped more than expected in July, spurring renewed concerns ...

Wholesale Inflation Spikes in July as Tariffs Hit the Economy

The producer price index for July suggests companies may be feeling the sting of inflation and consumers could be next.

7don MSN

Wholesale inflation much hotter than expected in July — throwing possible wrench into rate cut hopes

The Producer Price Index saw its biggest monthly gain since June 2022, the Bureau of Labor Statistics said Thursday.

'The risk that's on our doorstep': July inflation data has economists on edge

Massive downward revisions in July's jobs report last week fueled concerns that the labor market is softening too quickly, ...

UK Inflation Accelerated to 18-Month High in July

UK inflation climbed for a second month in July, adding pressure on the Bank of England to reconsider its pace of ...

1don MSN

UK inflation picks up to hotter-than-expected 3.8% in July

The U.K.'s annual inflation rate hit a hotter-than-expected 3.8%in July, according to data released by the Office for ...

1don MSN

South Africa's consumer inflation rises in July as expected

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

MoneyWeek14h

UK inflation hits highest level in 18 months

The Bank of England currently expects inflation to hit 4% in September, the all-important month for pensioners. Wage growth ...

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