UK inflation was higher than expected in May as food prices rocketed for consumers, meaning even a drop in air fares and transport costs meant many felt poorer. The rate of Consumer Prices Index (CPI) ...

Consumer prices rose 2.4% on-the-year in May, defying fears that President Trump’s tariffs could lead to higher inflation. Here’s why economists think that will change in the coming months.

As the Federal Reserve meets, Trump’s tariffs and the trade war continue to affect global markets. Follow along for live updates on the Dow, S&P 500 and Nasdaq.

U.K. inflation cooled a little in May but remained well above the Bank of England’s target, with the rise in oil prices ...

Official data suggests the UK’s rate of inflation eased from 3.5% in April to 3.4% in May – but in reality the figure was ...

UK inflation higher than expected before interest rates decision - Stock market reaction and business news from Wednesday ...

The UK’s headline consumer price inflation index rose at an annual pace of 3.4 per cent in May, below April’s figure of 3.5 per cent and in line with market and BoE expectations.

Amid warnings of a grim second half of the year, US retail sales fell 0.9%. The worse-than-expected decline coincided with ...