Steep increases in gas, electricity and water bills, along with a jump in the price of air and coach travel, helped push the UK’s overall rate of inflation in April to its highest level for 15 months.

Price rises slowed last month across a range of everyday groceries, including cheese, pasta and breakfast cereals, which helped the UK’s overall rate of inflation drop to its lowest level since May.

Surging prices in 2021-22, after decades of low inflation, came as a shock to many. So it was in a way understandable that many observers more or less freaked out, seeing a return to the 1970s lurking ...

When President Trump fired the head of the Bureau of Labor Statistics, it set off worries that economic data might not be as trustworthy in the future. The president claimed, without citing evidence, ...

Forbes contributors publish independent expert analyses and insights. Making wealth creation easy, accessible and transparent. Throughout periods of high inflation, there are certain companies that ...

Falls in the cost of petrol and air fares in May were offset by a record rate of inflation for chocolate and jumps in the price of everyday items such as coffee and cheese. The average price of ...

Inflation eased in November for a range of everyday groceries, including breakfast cereals (Nik Taylor/Alamy) Price rises slowed last month across a range of everyday groceries, including cheese, ...