UK inflation falls to 1.9pc in January February 18, 2014 UK inflation figures have shown further signs of improvement in the recovery, falling below the Bank of England’s inflation target for the first time since November 2009. Measured by the consumer price index (CPI), prices rose by 1.9 per cent in January, below the two per cent expected. Month-on-month, CPI dropped 0.6 per cent. According [...]
UK inflation slowdown tests Bank of England’s forward guidance August 13, 2013 The rate of inflation in the UK slowed in July, triggering speculation about how this could affect the central bank's future monetary policy. The Office for National Statistics' consumer price index decelerated to an annual rate of 2.8 per cent, down slightly from the 2.9 per cent the month before. The fall was driven primarily [...]
UK inflation jumps to 2.7 per cent November 13, 2012 The consumer prices measure of inflation jumped to 2.7 per cent in October, up from 2.2 per cent in September, with the hike in university fees behind the rise. Aside from university tuition fees, price rises in food and transport also contributed to the increase, according to official figures from the Office for National Statistics. [...]