Tag: CPI

UK inflation edges higher in August

UK inflation edges higher in August

The Office for National Statistics (ONS) today announced Consumer Price Inflation (CPI) rose to annual rate of 4.5% last month from July’s rate of 4.4%. However, the figure was in line with analysts’ expectations. Higher inflation continues to be led by rising food costs but the main reason behind last month’s rise was a 5.1% [...]

September 13, 2011 | 0 Comments More
UK inflation jumps to 4.4% in July

UK inflation jumps to 4.4% in July

The Office for National Statistics (ONS) today announced Consumer Price Inflation (CPI) rose to annual rate of 4.4% last month after easing to 4.2% in June. Analysts had expected the figure to rise slightly to 4.3%. Higher inflation continues to be led by rising food costs – which grew by 6.2% in July, while clothes [...]

August 16, 2011 | 0 Comments More
UK inflation remains at 2½-year high in May

UK inflation remains at 2½-year high in May

The Office for National Statistics (ONS) today announced Consumer Price Inflation (CPI) held steady at an annual rate of 4.5% in May – the highest level since October 2008. However, the figure was in line with forecasts and high inflation has been attributed to rising energy and food prices. Today’s figures mean inflation continues to [...]

June 14, 2011 | 0 Comments More
UK inflation soars to 2½-year high in April

UK inflation soars to 2½-year high in April

The Office for National Statistics (ONS) today announced Consumer Price Inflation (CPI) surged to an annual rate of 4.5% in April – a level not seen since October 2008 and higher than forecasts of a rise to 4.2%. The surprise surge in inflation comes after the rate dropped to 4% in March and was attributed [...]

May 17, 2011 | 0 Comments More
UK inflation in surprise fall to 4% in March

UK inflation in surprise fall to 4% in March

The Office for National Statistics (ONS) today announced Consumer Price Inflation (CPI) fell to an annual rate of 4% in March, from February’s 28-month high of 4.4%. The fall was attributed to food prices, which fell 1.4%. While it was the first time in eight months inflation had slowed, it still remains double the target [...]

April 12, 2011 | 0 Comments More
Inflation surge prompts Governor to write letter to Chancellor

Inflation surge prompts Governor to write letter to Chancellor

The Office for National Statistics (ONS) today announced Consumer Price Inflation (CPI) rose to an annual rate of 4% in January – the highest rate since November 2008. The latest figures takes inflation to double the target of 2% – where it has been for more than a year. The latest figure prompted Governor of [...]

February 15, 2011 | 0 Comments More
UK inflation surges to 4% in January

UK inflation surges to 4% in January

February 15, 2011 | 0 Comments More
Policymaker urges BoE to respond to inflation

Policymaker urges BoE to respond to inflation

Andrew Sentance, one of the Bank of England’s Monetary Policy Committee (MPC) members, has once again spoken of stubbornly high inflation. Mr Sentance has, at the last seven rate-setting meetings, voted for the base rate to be lifted, in order to combat high inflation. He is expected to have voted this month for rates to [...]

January 24, 2011 | 0 Comments More
UK inflation surges to 8-month high in December

UK inflation surges to 8-month high in December

The Office for National Statistics (ONS) has today announced Consumer Price Inflation (CPI) rose to an annual rate of 3.7% in December, up from 3.3% in November. The figure was much higher than the 3.4% analysts had expected and inflation has now been above its target of 2% for over a year. Many leading business [...]

January 18, 2011 | 0 Comments More
UK inflation rises to 6-month high in November

UK inflation rises to 6-month high in November

The Office for National Statistics (ONS) has today announced Consumer Price Inflation (CPI) rose to an annual rate of 3.3% in November, up from 3.2% in October. The latest figure represents the highest since May and inflation has now been above the target of 2% for a year. Meanwhile, toady’s figure surprised analysts who had [...]

December 14, 2010 | 0 Comments More
German CPI climbs to 1.5% in November

German CPI climbs to 1.5% in November

Germany’s statistics office, Destatis, has today revealed annual German consumer price inflation (CPI) increased to the highest rate in two years in November, rising to 1.5%, from 1.3% in October. This represented the highest rate since October 2008. Meanwhile, on a monthly basis, prices rose 0.1%. German inflation is still well below the target of [...]

December 9, 2010 | 0 Comments More
UK inflation rises to 3.2% in October

UK inflation rises to 3.2% in October

The Office for National Statistics (ONS) has today announced Consumer Price Inflation (CPI) rose to an annual rate of 3.2% in October, up from 3.1% in September. The latest figure represents the eleventh consecutive month that inflation has been above the target of 2% and will prompt the Governor of the Bank of England, Mervyn [...]

November 16, 2010 | 0 Comments More
UK inflation holds steady at 3.1% in September

UK inflation holds steady at 3.1% in September

The Office for National Statistics (ONS) has today announced Consumer Price Inflation (CPI) held steady at the annual rate of 3.1% in September. The latest figure represents the tenth consecutive month that inflation has been above the Bank of England’s target of 2%. The figure did not surprise analysts, who had expected CPI to remain [...]

October 12, 2010 | 0 Comments More
UK inflation expected to remain above 3%

UK inflation expected to remain above 3%

The Office for National Statistics (ONS) is scheduled to announce the UK inflation rate tomorrow morning, with analysts expecting the annual rate to remain above the 3% mark. Last month, the ONS reported Consumer Price Inflation (CPI) remained unchanged at 3.1% in August - representing the ninth consecutive month that it has been above the [...]

October 11, 2010 | 0 Comments More
UK inflation remains unchanged at 3.1% in August

UK inflation remains unchanged at 3.1% in August

The Office for National Statistics (ONS) has today announced Consumer Price Inflation (CPI) held steady at the annual rate of 3.1% in August. The latest figure represents the ninth consecutive month that inflation has been above the Bank of England’s target of 2%. However, analysts had expected CPI to dip slightly to 2.9%. Inflation remained [...]

September 14, 2010 | 0 Comments More
UK inflation expected to ease slightly in August

UK inflation expected to ease slightly in August

The Office for National Statistics (ONS) is scheduled to announce the UK inflation rate this morning, with analysts expecting the annual rate to be around 2.9% - representing the ninth consecutive month that it has been above the Bank of England’s target of 2%. Last month, the ONS reported Consumer Price Inflation (CPI) eased to [...]

September 14, 2010 | 0 Comments More
UK inflation dips to 3.1% in July

UK inflation dips to 3.1% in July

The Office for National Statistics (ONS) has today announced Consumer Price Inflation (CPI) slipped to an annual rate of 3.1% in July - down from to 3.2% in June. The latest figure, which was widely expected by analysts, represents the eighth consecutive month that inflation has been above the Bank of England’s target of 2%. [...]

August 17, 2010 | 0 Comments More
UK inflation expected to ease slightly in July

UK inflation expected to ease slightly in July

The Office for National Statistics (ONS) is scheduled to announce the UK inflation rate this morning, with analysts expecting the annual rate to be around 3.1% - representing the eighth consecutive month that it has been above the Bank of England’s target of 2%. Last month, the ONS reported Consumer Price Inflation (CPI) eased to [...]

August 17, 2010 | 0 Comments More
UK inflation eases to 3.2% in June

UK inflation eases to 3.2% in June

The Office for National Statistics (ONS) has today announced Consumer Price Inflation (CPI) eased further to 3.2% in June - down from 3.5% in May. However, the rate was slightly higher than the 3.1% economists expected but has eased from the 17-month high of 3.7% in April. While the level still far exceeds the 2% [...]

July 13, 2010 | 0 Comments More
UK inflation eases to 3.4% in May

UK inflation eases to 3.4% in May

The Office for National Statistics (ONS) has today announced Consumer Price Inflation (CPI) fell to 3.4% in May - down from the 17-month high of 3.7% in April. While the level still far exceeds the 2% target, the drop was quicker than the 3.5% many analysts had expected. The Bank of England’s Governor, Mervyn King, [...]

June 15, 2010 | 0 Comments More