The biggest undershoot in UK inflation in at least a year has added to signs of a cooling economy, economists warned on Wednesday, as households restrain spending and the labour market sputters.
The UK inflation rate fell to 3.6% in the year to October, the lowest rate for four months. The Office for National Statistics (ONS) said prices rose more slowly over the year thanks to gas and ...
The Office for National Statistics (ONS) has confirmed that the Consumer Prices Index rose by 3.6% in the year to October, a fall from the three preceding months The Bank of England (BoE) had ...
(Bloomberg) -- While a post-pandemic burst of inflation has abated across much of the developed world, the UK is still stuck with the highest price growth among big Western economies. Granted, ...
The pound headed for its biggest one-day drop in a month after UK inflation came in softer than expected, boosting bets that the Bank of England will have to deliver more interest rate cuts next year.
Good afternoon, and welcome to our live coverage ahead of tomorrow’s UK inflation data release. The final week before Christmas is a big one for UK macroeconomic news. Today saw the release of labour ...
LONDON, Nov 18 (Reuters) - It is conventional wisdom to say Britain has an inflation problem. But fears over "sticky" CPI may have finally peaked. At first glance, this suggestion might look a little ...
While 2015 might feel like just yesterday — especially to those 40 and older — it was a whole 10 years ago. And $100 back in 2015 won’t buy nearly the same things as $100 in 2025. Let’s break down ...
One of the main reasons UK inflation has been more stubborn than peers has been wage inflation, driven by a taut labour ...
Inflation, inflation, inflation. We keep hearing how terrible it is, but is it really as bad as it seems? We know grocery and restaurant prices are up. We’ve been warned about the impact of tariffs on ...
The Federal Reserve's preferred inflation gauge showed that inflationary pressures remained elevated in August, as policymakers seek to balance the need to restore price stability against a weakening ...