President Joe Biden stated on Tuesday (13 December) that although there is still work to be done, the inflation rate in the United States is decreasing and things are moving in the right direction.

‘Economic plan is working’ to slow inflation, says Biden

UK inflation hits 11.1% which is being driven by rising energy bills and food prices in a worsening cost of living crisis in the country. According to the office for National Statistics, the consumer price index hit 11.1% on an annual basis which is up from 10.1% in September.

UK inflation rises to 41-year high at 11.1%; food, energy prices soar

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‘Economic plan is working’ to slow inflation, says Biden

UK inflation rises to 41-year high at 11.1%; food, energy prices soar