Food price inflation in the UK is expected to peak at up to 15% this summer, according to the latest report released by a grocery research body. It warned that the record-high prices would linger on for another year.
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European Union officials are trying to negotiate the continued use of Ukraine’s natural gas transit infrastructure after its contract with Russia’s Gazprom expires at the end of the year, Bloomberg reported on Monday.
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Australia’s unemployment rate has risen to its highest level since early 2022, hitting 4.1% in January, the Australian Bureau of Statistics (ABS) reported on Thursday. The figure is slightly above the consensus expectation of 4%, an uptick from December’s reported 3.9%. The economy added 11,100 full-time jobs and shed 10,600 part-time jobs last month, according…
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