LONDON, Jan. 17 (Xinhua) -- The United Kingdom's (UK) consumer price index (CPI) rose by 4 percent in the 12 months to December 2023, up from 3.9 percent in November, according to data released on Wednesday. This was the first inflation increase since February 2023, said the Office ...
The consumer prices index, or CPI, measures the change in average prices paid by UK consumers for everyday goods and services like groceries and energy.
This recovery has clearly stalled somewhat in 2023, however, with monthly growth figures indicating that the UK economy has been alternating between contractions and low growth for several months, and as of December 2023, was only slightly larger than it was just before the COVID-19 pandemic. ...
Inflation in the country has been running high for more than two years, making the cost-of-living crisis a heated topic across the nation. The consumer price index (CPI) rose by 3.9 percent in the 12 months to November 2023, mainly due to a drop in fuel prices and slower growth in fo...
October 31, 2023 4.60% September 30, 2023 6.70% August 31, 2023 6.70% July 31, 2023 6.80% June 30, 2023 7.90% May 31, 2023 8.70% April 30, 2023 8.70% March 31, 2023 10.10% February 28, 2023 10.40% January 31, 2023 10.10% December 31, 2022 10.50% November 30,...
CPI rates history MonthAnnual CPI rate April 2023 8.7% May 2023 8.7% June 2023 7.9% July 2023 6.8% August 2023 6.7% September 2023 6.7% October 2023 4.6% November 2023 3.9% December 2023 4.0% January 2024 4.0% February 2024 3.4% March 2024 3.2% April 2024 2.3% What is the UK target...
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CPI inflation rose by 9% in the 12 months to April 2022, up from 7% in March, driven primarily by the rising global price of energy. This is the fastest rate of inflation growth for 30 years. Is high inflation a problem for real estate? One should always look at inflation and GDP to...
In the Treasury’smonthly round-upof economic forecasts, also published on Wednesday, only four of 27 UK forecasters predicted that CPI inflation would exceed the government’s pledge and be above 5.4 per cent by the fourth quarter of this year. ...
This recovery has clearly stalled somewhat in 2023, however, with monthly growth figures indicating that the UK economy has been alternating between contractions and low growth for several months, and as of December 2023, was only slightly larger than it was just before the COVID-19 pandemic. ...