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.

The slight drop last month in the overall rate of inflation to 2.5% was driven by changes in the cost of transport, household furniture and live entertainment, offset by prices rising for certain ...

Year-to-year inflation may look low, but prices continue to compound upwards. For example, "Food at home" pricing, accounting for 8% of the total CPI basket, was up 1.8% in 2024. That seemingly low ...

Learn how money illusion affects financial perception by viewing wealth in nominal terms, with examples and history, ignoring ...

Though a cause for concern, inflation does not necessarily spell disaster for folks attempting to save for a happy retirement. A recent Money and Mental Health Survey found that 43% of U.S. adults ...

Inflation fell to its lowest in years in November, according to one important measure. But it may not be all it appears.

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, ...

Housing is not special. That is, real estate and houses are not outside the laws of economics (i.e., scarcity, etc.). That said, each economic good necessarily offers something unique (otherwise it ...