UK inflation surged to 3% in January, surpassing forecasts, with rising transport and food costs fueling the increase, according to the Office for National Statistics.
Trump’s 25% tariffs on Canada and Mexico could drive up prices for gas, groceries, and cars, with experts warning of economic fallout and potential supply chain disruptions.
Dutch inflation eased slightly to 3.6% in August, marking the first decline in four months, driven by a fall in energy costs, while food prices saw a slight increase.