UK Inflation

UK inflation has fallen more than expected in October 2023, data showed on Wednesday, easing a cost-of-living crisis and relieving pressure on Prime Minister Rishi Sunak. The Consumer Prices Index hit a two-year…

Key measures of price growth monitored by the Bank of England have failed to ease in July, despite a sharp drop in the headline inflation rate, the UK Office for National Statistics has said. The annual consumer price inflation rate cooled…

British consumer price inflation jumped to 10.1% in July, 2022, - its highest since February 1982, up from an annual rate of 9.4% in June. This intensifies the squeeze on households, official figures showed on Wednesday. The increase…

Britain's economy is struggling under the strain of two major risks in the form of double-digit inflation and a possible recession. This has left the Bank of England (BoE) in a dilemma about how much further it should raise interest rates.…

Soaring food prices have pushed British consumer price inflation to a 40-year high of 9.1% last month, the highest rate out of the Group of Seven countries and underlining the severity of the cost-of-living crunch.…

The United Kingdom's inflation rose a little more than expected in January as the country went back into a coronavirus lockdown, pushed up by higher food prices and less discounting of household goods such as sofas, according to an official…