The economy could soon see a big drop in shelter prices that slashes the current inflation rate by more than half, Rosenberg Research said.

A rise in the cost of air fares drove a bigger jump in inflation than expected, while food price inflation rose for the fourth month in a row.

Food Prices Up 4.9% To Highest Level Since February Prices rose 3.8% in the year to July, up from 3.6% the previous month, stoking fears

South Africa's rand was little moved on Wednesday, despite the country's highest inflation reading for 10 months, as investors awaited minutes from the Fed's July meeting and a symposium later this week that could provide U.

New York is sending inflation refund checks of up to $400 starting in mid-October. See if you're eligible and how much you will receive.

The acceleration comes as the Bank of England continues to cut interest rates, most recently to 4 per cent this month, and follows a rush to complete purchases ahead of the end of the stamp duty holiday in April. Aside from the dip at the start of the tax year, house price inflation has been rising since the start of 2024.