VR headsets and pulled pork join UK inflation basket

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  Yoga mats and VR headsets added to list measuring cost of living

  Items added and removed from the basket of goods used to calculate inflation give an insight into current fashions.
  
  BBC News - 2h
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  Trump trade wars are slowing global growth and fuelling inflation, says OECD

  Economic organisation downgrades forecasts for growth in UK as well as US, Canada and Mexico due to tariffs. Business live – latest updates Donald Trump’s trade wars are splintering the global ...
  
  The Guardian - 1d

• UK statistics agency delays release of trade data after finding error

  Move by Office for National Statistics will fuel questions over quality of its figures following problems with jobs survey
  
  Financial Times - 4d
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  UK economy shrank unexpectedly in January

  A slowdown in manufacturing was one of the main reasons for the dip, the Office for National Statistics says.
  
  BBC News - 4d
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  Price growth cooled more than expected in February, before Trump ramped up tariffs

  The president took office promising to immediately lower inflation, but economists say his expanding trade war threatens progress on price hikes.
  
  NBC News - 6d
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  Hungary's leader orders price controls on basic foods as inflation spikes

  Hungary’s government is limiting the profit margin for grocers on a number of basic food items in response to growing inflation hitting consumers in the Central European country
  
  ABC News - Mar. 11

• Economists forecast slowing US growth and increased inflation

  Also in today’s newsletter, US’s campaign against the Houthis and the man moving Meta to the right
  
  Financial Times - 2h
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  February consumer price index report shows slight inflation improvement

  New numbers released today say that inflation has improved slightly, with the February consumer price index report showing a 2.8% rise from year before and price growth climbing 0.2% from January ...
  
  NBC News - 6d

• UK growth push held back by poor Whitehall co-ordination, watchdog finds

  National Audit Office says departments needs to work together more effectively on industrial strategy
  
  Financial Times - 6d

More from Financial Times

• 

  Labour unveils disability benefits reforms that aim to save over £5bn

  Move risks stoking biggest backbench rebellion of Sir Keir Starmer’s premiership
  
  Financial Times - 29m
• 

  Why Europe cannot rely on French nuclear umbrella alone

  France’s president opens debate over using country’s atomic arsenal as a deterrent against Russia if US scales back its presence
  
  Financial Times - 10h
• 

  The US establishment is scared of its own shadow

  Fear and muddled thinking are stopping Trump’s opponents from acting in defence of a democracy in peril
  
  Financial Times - 3h
• 

  Why do people keep buying printers they hate?

  A puzzling tale of capitalism and consumer psychology at a time of technological change
  
  Financial Times - 10h
• 

  German parliament approves Merz’s €1tn spending plan

  Chancellor-in-waiting uses outgoing Bundestag to loosen debt brake and unleash investments in defence and infrastructure
  
  Financial Times - 26m

More in Business

• Google to acquire cloud security startup Wiz for $32 billion

  Google signed a "definitive agreement" to acquire Wiz for $32 billion in an all-cash deal
  
  CNBC - 8m

• Trump says judge blocking deportations 'should be impeached,' DOJ challenges jurisdiction

  Chief Judge James Boasberg grilled a Department of Justice lawyer at a Monday hearing on the deportations of alleged Tren de Aragua gang members.
  
  CNBC - 11m

• Here’s how many Social Security workers are taking a buyout — so far

  The Social Security Administration announced earlier this year it intended to cut its 57,000-person workforce by about 12%.
  
  MarketWatch - 12m

• German parliament passes historic debt reform, paving the way for higher defense spend

  The reforms include changes to the debt brake rule and the creation of an infrastructure fund.
  
  CNBC - 14m
• 

  E.U. Hatches a Plan to Lure Investors Back to Europe

  Each year, Europeans invest roughly $325 billion in companies and financial assets outside the region. Officials in Brussels say they have a plan to end that “capital flight.”
  
  The New York Times - 16m