19-May-2026
Economy News
 
Charting the global economy: Inflation mounts as war drags on
18-May-2026

The fallout from the war in Iran continued to ripple across the global economy, complicating the outlook and fueling inflation angst. In the US, a closely watched measure of consumer prices climbed at the fastest pace since 2023, eroding incomes and straining consumers. Elevated oil prices are putting pressure on longer-dated Japanese government bond yields, and Cuba is running out of food and fuel.

News Source:- https://economictimes.indiatimes.com/small-biz/trade/exports/insights/charting-the-global-economy-inflation-mounts-as-war-drags-on/articleshow/131148962.cms