Inflation/Price level

AI has become latest US inflation problem with memory chips at ‘insane’ prices

In the US, software and computer accessories, which usually trend cheaper as technology improves, were up a record 14.5 per cent in May from a year earlier.

US wholesale prices jump 6.5%, highest since late 2022

The United States has been battling stubbornly high inflation since the Covid-19 pandemic, with President Donald Trump’s signature tariffs and the US-Israel war on Iran piling pressure on prices.

ECB makes first rate hike since 2023 to tame Iran war inflation

The ECB became the first major central bank to tighten monetary policy in response to the energy shock unleashed by the Middle East conflict.

‘I love the inflation’: Trump comment on latest price jump sparks backlash

Traders working on the floor of the New York Stock Exchange during afternoon trading on June 10, 2026 in New York City. Stocks were significantly down at the closing of the market.

Surging US consumer inflation hits three-year high in key challenge for Trump

The US consumer price index rose 4.2 per cent year on year, up from April’s 3.8 per cent figure.

Gold prices drop as oil rises on renewed US-Iran hostilities

While gold is seen as a hedge against inflation, higher interest rates tend to weigh on the non-yielding metal.

China’s consumer inflation stalls even as factory prices surge

The AI boom is feeding through to prices by stoking demand for Chinese electronics from chips to printed circuit boards.

Japan wholesale inflation accelerates to fastest in 3 years as energy costs spike

People cross a street in Akihabara in Tokyo, Japan, on June 8.

Malaysia sees risk of missing deficit goals on subsidy pressures

Inflation in Malaysia accelerated to 1.9 per cent in April, the fastest pace since October 2024.

US Fed says Iran war driving ‘moderate-to-strong’ inflation

The US Fed said energy costs linked to the Middle East conflict continue to fuel inflation, pushing up prices across shipping, packaging, groceries, and fertilisers.

E-paper

Newsletters

Podcasts

RSS Feed

About Us

Terms & Conditions

Personal Data Protection Notice

Need help? Reach us here.

Advertise with us

MDDI (P) 046/10/2025. Published by SPH Media Limited, Co. Regn. No.202120748H. Copyright © 2026 SPH Media Limited. All rights reserved.