UK inflation unexpectedly stays at 2.8% with higher transport costs offset by slower food price rises – business live

Food prices rose at the slowest rate since December 2024 with declines in inflation for meat, cheese, vegetables and cheeseJapan’s Nikkei, which soared through the 70,000-point mark for the first time ever on Tuesday and also traded at that level today, has ended the day at a new closing high of 69,902.25, up 0.7% (versus 69,404.5 points on Tuesday, also a record).The Straits Times index in Singapore jumped 1.3% while China’s CSI 300 was up 0.8% and Hong Kong’s Hang Seng lost 0.8%. Continue reading...