Topic

Spain inflation jumps, Italy rises

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Italy's annual inflation rose to 3.3% in August, driven by energy, while Spain's climbed to 4.3% as food and fuel prices surged, Spain's statistics agency said.

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The Federal Reserve voted to raise interest rates by a quarter point as policymakers try to tamp down inflation after more than five years of above-target price increases.
Full coverage: www.nytimes.com/live/2026/09...
#EconSky
Live Updates: Fed Faces a Credibility Test on Interest Rates
www.nytimes.com
September 16, 2026 at 6:00 PM
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U.S. tariffs drive domestic inflation up by nearly 10% amid retaliatory scenarios, though these welfare costs can be effectively mitigated by shifting monetary policy priorities toward employment or expansionary measures. doi.org/10.1016/j.jimonfin....
September 16, 2026 at 4:30 PM

Reposted by David Darmofal

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The Fed’s preferred inflation gauge. Above target for 65 consecutive months.

(via Bianco)
September 16, 2026 at 2:52 PM

Reposted by Leigh Sparks

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🚀 PwC’s Consumer Sentiment Index has hit a 5-year high, but, as inflation rises, will it last?
🎄 And, for retail and hospitality operators, will that translate into higher spending in the run up to Christmas?
👉 Watch my 1 minute summary, and check out our latest report: url.pwc.com/CWifSJe
September 16, 2026 at 11:11 AM
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"Drivers of Turkish inflation" is available at the Quarterly Review of Economics and Finance: doi.org/10.1016/j.qref.2022...
September 16, 2026 at 11:05 AM
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Good morning.
UK inflation climbed to 3.1% in August on higher energy prices, while core inflation remained unchanged at 2.6%.
Matching consensus forecasts, the data leaves the Bank of England’s Monetary Policy Committee facing a delicate balance ahead of tomorrow's ...

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September 16, 2026 at 9:53 AM
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"Inflation convergence over time: Sector-level evidence within Europe" is available at International Finance: doi.org/10.1111/infi.12407
September 16, 2026 at 9:00 AM

Reposted by Will Jennings

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Oil and gas prices fuel rise in inflation | Paul Kelso analysis
Oil and gas prices fuel rise in inflation | Paul Kelso analysis
Will we see an interest rate rise in September?
news.sky.com
September 16, 2026 at 8:28 AM

Reposted by Will Jennings

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What do you MEAN voters understand that stimulus creates inflation???? Where was this level of economics insight literally any other time ever?
September 16, 2026 at 4:03 AM
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Inflation is basically a thermostat. 0% is like Michigan in February. No one wants to go outside. 8% and grocery prices feel like Phoenix in July. 2% is that Goldilocks zone where you stop thinking about the thermostat. @svaneksmith https://tinyurl.com/otc-9-12
September 16, 2026 at 1:58 AM
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Iran war driving up inflation for Americans, CBO report says www.nbcnews.com/politics/nat...
Iran war driving up inflation for Americans, CBO report says
The Congressional Budget Office estimates that inflation will continue to rise in the first quarter of next year.
www.nbcnews.com
September 15, 2026 at 9:37 PM
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"Understanding the global drivers of inflation: How important are oil prices?" is available at Energy Economics: doi.org/10.1016/j.eneco.202...
September 15, 2026 at 9:30 PM
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Energy bills rise 4% on 1 October, £1,723 for a typical household.

Ofgem's own breakdown says gas is doing nearly all of it. Gas bills up 8%. Homes without gas, under 1%.

Get off gas and the bills stop doing this.

www.ofgem.gov.uk/press-releas...
Energy price cap will rise by 4% from October 2026
Ofgem has announced a 4% increase of the energy price cap for the period covering 1 October to 31 December 2026.
www.ofgem.gov.uk
September 15, 2026 at 8:36 PM