Lower clothing and food prices help inflation fall by more than expected
UK inflation fell to 3.2% in November, driven mainly by lower food, alcohol, and clothing prices, easing prospects for Bank of England interest-rate cuts.
Republicans say price report is a boon; Democrats say bust. Who's right?
Republican Senator Rick Scott celebrated the July report, stating inflation was lighter than expected, viewing it as positive news for Florida families and supporting President Trump.
You're welcome, world: U.S. tariffs may cool inflation for the rest of the global economy
"We doubt that US tariffs will significantly affect inflation in the rest of the world, but if anything, the effect could be mildly disinflationary," said Simon MacAdam and Ariane Curtis.
Irish food prices second most expensive of the 20 countries that make the Eurozone
Looking at specific food categories, we can see that except for meat, prices for the various types of foods in Ireland were all higher than the EU27 average in 2024.