UK grocery price inflation fell to a 30-month low in April, according to data that pointed to an easing of the cost of living crisis that has hit millions of households since late 2021.
Inflation is still running higher than the Bank of England’s target of 2% but the direction of the move appears clear.
Yael Selfin, Chief Economist at KPMG UK, has recently stated that Inflation could soon "return to target, but risks remain." ...
UK inflation slowed to 3.2 per cent in March, down from 3.4 per cent as price rises continued to slow, easing pressure on ...
LONDON (Reuters) - British retail sales volumes stagnated in March, the Office for National Statistics said on Friday.
British inflation is broadly declining in line with the Bank of England's forecasts, and next month's numbers look on track ...
The latest CPI data from the UK's Office for National Statistics is in, and it brought good news, with inflation continuing ...
UK inflation slowed less than expected last month as fuel prices crept higher, prompting traders to further unwind bets on ...
UK inflation fell to 3.2% in the year to March, largely due to a slowdown in the rise of food prices. Despite the latest drop, it remains well above the Bank of England’s 2% target. Here we ...
UK inflation slowed to 3.2 per cent in March, down from 3.4 per cent as price rises continued to slow, easing pressure on households in the cost of living crisis. The figures released by the ONS ...
Dave Ramsden said the UK is moving from being an "outlier" to a "laggard" in terms of inflation, suggesting a gradual ...