September's CPI inflation is part of the triple-lock calculation, confirming that pensions will be uprated by the higher wage growth figure of 4.1%, worth more than £470 a year. Universal credit, meanwhile, is linked just to CPI, locking in a 1.7% increase forecast to be outstripped b...
Inflation can be caused by various factors, including increased production costs associated with raw materials, labor, or market disruptions. Higher demand can also lead to inflation, and certain fiscal and monetary policies, such as tax cuts or lower interest rates, are potential drivers as well....
The pound was trading 0.2% up versus the dollar, at $1.34, on the back of those higher inflation figures. It briefly hit a three-year-high. What the inflation data did was slightly hit market expectations for UK interest rate cuts this year, as we've been reporting. What's coming up ...
What caused inflation to spike after 2020?Hernandez, RichardMonthly Labor Review
What has caused inflation to increase? Inflation, measured by CPI, had fallen marginally from 2.6% in November to 2.5% in the year to December 2024 but it was widely expected that it would increase in January this year. Transport, food and education costs rose by the largest margins but...
In the UK, energy bills are soaring as price caps increase. If a homeowner paid £200 a month last year, on average, and is now paying £400, inflation is set at 100%, as they're paying double. Let's say you paid $50 per month, last year, on pet food. You're now paying...
How do you explain shipping delays? Explain shipping delays with proactive and transparent communication. Let customers know as soon as you’re aware their order will be delayed. Be upfront and honest about what is causing the delays, and give as much detail and up-to-date information about ...
India's economy is growing, but jobs and inflation could chip away at the BJP's vote. There is also concern about the erosion of democracy and the rights of the Muslim minority. It is very, very hard to see Mr Modi losing his firm grip on power. ...
Once thought by economists to be impossible as anything but a short-term problem, stagflation's appearance in the 1970s has had monetary officials on guard ever since. Policy solutions for slow growth tend to worsen inflation, and vice versa. That makes stagflation hard to fight. ...
EXPLAINER: What caused UK’s economic crisis and what’s next? 1 of 5 | People walk past a bureau de change, in London, Wednesday, Oct. 12, 2022. The pound sank against the dollar early Wednesday after the Bank of England governor confirmed the bank won’t extend an emergency debt...