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Fears grow that continued blockade of Strait of Hormuz could push energy and food price inflation even higher during the second half of the year
Iran war is fueling inflation and slowing growth around the world, according to a new report.
Driven largely by higher oil prices, the annual inflation rate in the 21 countries that use the euro rose to 2.5% in March, from 1.9% in February.
We have four topics to tackle here so we go straight to the numbers and facts, starting with energy inflation. While our overall inflation last month was 7.2%, inflation in the tra...
This is up from £22.7billion in 2024, according to new analysis by End Fuel Poverty Coalition - but does not take into returns generated by the Iran war
War-related price pressures worsened inflation in March, which the Federal Reserve was already struggling to regulate, reports Colby Smith for The New York Times. The Consumer Pri...
Energy shocks tied to Middle East turmoil are now feeding into housing, travel and everyday essentials, leaving Kevin Warsh’s Fed with a tough choice.
Our predictive index has reached a sizzling 3.6%
The war in the Middle East is beginning to directly affect household bills in Ireland as an energy supplier and a household waste firm have both increased prices.
Energy prices soared 10.9% in March, driving the CPI up 0.9% — the largest monthly increase since 2022 and raising questions about Fed rate cuts.
Energy prices are rising faster than inflation — and Congress is finally talking about it. The Energy Bills Relief Act could crack down on price gouging and lower costs. 👀 The...
Bloomberg Electricity prices jumped 6.1% last month compared to a year earlier Consumer price index rose 3.8% last month compared to a year ... read more...
It’s Europe’s second major energy crisis in just four years. The continent’s reliance on fuel imports is the common thread.
Bloomberg: “Across the U.S., soaring electricity costs are burdening consumers and stirring voter anger. The rapid build-out of artificial intelligence data centers, along with tar...
Hohe Energiepreise lassen die Inflation auf 2,7 Prozent steigen. Demnächst könnten damit auch Lebensmittel und Dienstleistungen deutlich teurer werden. mehr...
Cornwall Insight predicts average annual domestic energy bills set to rise by around 13 per cent, as Iran War continues to fuel high oil and gas prices
Consumer prices spike in April, driven by soaring energy costs, with petrol prices up nearly 30 percent since last year.
Construction cost inflation caused by the Iran war is likely to affect the retrofit sector also.
While the world is gripped by an energy crisis, Britain is facing another key driver of higher costs.
As a new analysis suggests 'back-to-back' energy crises have cost households £4,800 since 2021, Nesta urges government to fast-track policies that can curb electricity prices
New Delhi : An oil shock triggered by global supply disruptions is likely to result in higher electricity costs in India, according to a report by ISI Markets, which highlighted th...
A household using a typical amount of energy will pay £221 a year more, under the regulator's new price cap.
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