18 Sep18th SeptemberMoney Shoppers still worried about costs despite falling inflation rate - industry data 10 Sep10th SeptemberMoney Shop prices fall for first time in nearly three years, figures show 27 Aug27th AugustMoney Why has CPI inflation increased?
Between September 2022 and March 2023, the UK experienced seven months of double-digit inflation, which peaked at 11.1 percent in October 2022. Due to this long period of high inflation, UK consumer prices have increased by over 20 percent in the last three years. As of the most recent ...
As monetary policy takes time to affect economic activity and inflation, what matters is not the current or past inflation rate but the outlook for inflation in 18 months to 2 years. To account for expected inflation, much of the existing literature (e.g., Orphanides, 2001, 2003; Clarida...
At the end of October, the amount of tax paid on cigarettes and other tobacco products increased in line with inflation, which is likely to be a major driver of higher inflation last month. Food and alcohol prices are also forecast to have edged higher ahead of the festive ...
While many think bank turmoil in itself will ultimately hasten a credit crunch that does the Fed's job for it, shocking news of a re-acceleration of UK inflation last month was a reminder to central banks that disinflation is not yet baked in. While the British inflation surprise refle...
The Bank of England expected inflation to peak at "slightly over 10 percent" in the last quarter of this year as the energy price cap is likely to rise again in October. Britain's inflation rate has far exceeded the central bank's 2 percent target since last winter.■...
Junior doctors—those below consultant level—have staged a series of walk-outs over the last 18 months in protest at below-inflation wage increases since 2010 and as cost-of-living pressures increased. Soon after it was voted into power in July, the new Labour government proposed the substanti...
Breaking news and top stories on UK inflation. In-depth analysis of the UK's inflation data and how inflation rates affect households, businesses and investors.
UK annual inflation rate edges up to 1.3 percent but expected to remain low in coming monthsdoi:urn:uuid:58cf66ec8a1c9410VgnVCM100000d7c1a8c0RCRDThe rate of inflation in Britain has edged up slightly to 1.3 percent in October, but remains well below the Bank of Englan...
Fresh food inflation continued its fast downward trend, easing to 5.4 per cent in December, down from 6.7 per cent in the previous month and well below its peak of 17.8 per cent in April. Ambient food inflation, items that can be stored at room temperature, also decelerated to 8.4 per c...