Inflation/Price level

US consumer inflation hits fresh three-year high in May

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.

OECD cuts 2026 global growth forecasts over Iran war fallout

Many countries would risk falling into recession if the war continues into 2027, the OECD said.

Japan approves $24.8 billion extra budget to subsidise surging fuel costs from Iran war

Prime Minister Sanae Takaichi’s government has finalised the extra budget to cushion the impact of rising energy costs on households amid the risk of a prolonged Middle East crisis.

Danish PM unveils plans for welfare push, defiance of Trump

FILE PHOTO: Denmark's acting Prime Minister Mette Frederiksen speaks to the media near the royal yacht Dannebrog, docked at Odense Harbor, Denmark, June 1, 2026. Sebastian Elias Uth/Ritzau Scanpix/via REUTERS

Australia lifts minimum wage to match increases in inflation

The decision affects around 3 million workers and is in line with an expected rise in inflation projected by the central bank.

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