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Energy, agricultural prices surge amid soft landing potential, BMO says

Europe flag and money

Core inflation is now higher than the headline rate

Wrestling inflation

Core inflation recedes alongside falling energy prices

Europe flag and money

Core inflation calls revised higher, amid growth, wage pressures

men holding on to balloons as they float away into the air

Declining energy and food prices drive sharp drop in consumer prices in May

chips

Food prices have risen 18% over two years and prices will stay elevated due to shrinking herd sizes, wage growth and other factors

UK inflation image

Inflation falls to 8.7% largely because last year's energy spike has dropped out of the annual comparison

Signing bank documents

Rising rates, benchmark reform, commodity prices all affected activity

Collection of Euro bills

Latest economists' survey points to friendlier conditions this year

Bun with shoarma

Supply chain issues, wage costs keep food prices high, even as inputs fall