Home > Inflation


UK service sector growth picks up in April

Source: BBC News | May 4, 2017 10:49 am Activity in the UK’s service sector accelerated in April, with new work growing at its fastest pace this year, according to a closely-watched survey. The Markit/CIPS purchasing managers’ index (PMI) for services rose...

UK inflation rate leaps to 2.3%

Source: BBC News | March 21, 2017 11:29 am Rising fuel and food prices helped to push last month’s inflation rate to the highest since September 2013. Inflation as measured by the Office for National Statistics’ Consumer Prices Index (CPI) jumped to 2.3%...

UK wage growth outpaces inflation

Source: BBC News | February 15, 2017 10:51 am Wages grew 2.6% in the three months to December, faster than the rate of inflation, figures show. However, the rate of wage growth slowed down, leading analysts to suggest households could face a “squeeze” on...

UK inflation highest since June 2014

Source: BBC News | February 14, 2017 9:52 am Inflation has reached its highest rate for two-and-a-half years, mainly as a result of the rising price of fuel. Annual inflation as measured by the Consumer Prices Index (CPI) reached 1.8% last month, the Office for...

Car prices ‘up by 5%’ since June as inflation threatens

Source: BBC News | February 14, 2017 12:03 am By Brian Milligan Personal Finance reporter Average car prices have risen by 5.2% since the Brexit vote in June 2016, according to industry research. Together with the rising price of fuel and food, it is one reason why...

Bank of England sees inflation spreading

Source: BBC News | February 8, 2017 1:54 pm By Howard Mustoe Business reporter The Bank of England says price rises already seen in food and fuel will spread to other goods later this year. In a monthly report of business conditions, the Bank said the cost of...

Eurozone inflation jumps in January

Source: BBC News | January 31, 2017 10:34 am Eurozone inflation hit a near four-year high in January following an increase in energy prices. Inflation in the 19-country bloc jumped to 1.8% last month from 1.1% the month before. Data from Eurostat also showed that the...
error: Content is protected !!