CPI

BoE raises interest rate for 12th time to 4.5%

The Bank of England (BoE) has raised interest rates for the 12th consecutive time to 4.5%, up from 4.25%. The…

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Shop price inflation falls for first time in 2023

Shop price inflation is thought to have peaked in the first week of April, according to the BRC, after it…

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Inflation remains above 10% in March

Despite easing slightly, inflation remained above 10% in March thanks to food and drink costs reaching a 45-year high, according…

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BoE raises interest rates to 4.25%

The Bank of England (BoE) has announced that interest rates will be raised by 0.25% to 4.25%, the highest rate…

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Inflation unexpectedly jumps to 10.4% amid rising food prices

The UK inflation rate unexpectedly increased to 10.4% in February driven by increased drink and food prices which reached their…

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UK inflation dips for second consecutive month

UK inflation fell slightly for the second consecutive month from 10.7% to 10.5% in December as easing fuel costs were…

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Bank of England raises interest rates by 0.5% to 3.5%

The Bank of England (BoE) has announced that interest rates will be raised by 0.5%, bringing the base rate of…

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CBI downgrades growth forecast to -0.4% amid ‘lacklustre outlook’

CBI has downgraded its GDP growth outlook significantly, to -0.4% in 2023 (from 1.0% in its last forecast), after a…

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Inflation falls in August but remains near 40-year high

UK inflation eased slightly in August to 9.9%, down from 10.1% in July, but remains near a 40-year high as…

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Inflation hits new 40-year high at 10.1%

Inflation has once again broken records with a new 40-year high recorded last month, as the Consumer Price Index (CPI)…

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