According to new data from the Office for National Statistics, wages have caught up with inflation. The increase in average earnings comes after almost six years of low wages relative to CPI... Read more
Life in the UK continues to grow more expensive. Although inflation recently fell to its lowest rate in four years, figures from the Office for National Statistics show that declining wages... Read more
Rising grocery prices are causing many Britons to forego luxuries in order to keep their grocery bills under control. A new survey from Which? indicates that as many as eight in 10 individua... Read more
After five years of deflation, the price of consumer goods in Japan is on the way up after a series of measures from key policymakers bring an end to deflation. Prices for consumer goods in... Read more
Wages for UK workers have declined at one of the greatest rates in Europe, a new study from the House of Commons Library shows. Average hourly pay rates have decreased by 5.5 percent in the... Read more
A survey from the Office of National Statistics is causing heated discussion after it revealed that Britons pay as much as 94 percent more for tobacco products and 43 percent more for Alcoho... Read more
The United States’ economic policy of quantitative easing will come to an end during 2014, Federal Reserve chairman Ben Bernanke claimed. The Federal Reserve’s third quantitative easing effo... Read more
The CPI inflation rate rose to 2.7 percent in May after airfares and other transport costs increased substantially. New data from the Office of National Statistics shows that May’s rise in i... Read more
A growing number of Americans are concerned about the cost of food, fuel, and a range of other household expenses, new data indicates. New information from the Labor Department of the United... Read more
In the words of the BoE governor, Sir Mervyn King, the EU is quite literally “tearing itself apart” and this is having a huge impact on the economy of the UK. Inflation will stay higher long... Read more