UK inflation
17 Jan
British inflation unexpectedly accelerated in December on tobacco duty hikes, data showed on Wednesday, missing expectations of a slowdown and dimming hopes of an interest rate cut.
15 Nov
European stock markets extended gains at the start of trading Wednesday, with sentiment lifted by sharp cooling of inflation in the United States and Britain. London's benchmark FTSE 100 index jumped 0.9 percent to 7,509.59 points after official data showed UK inflation hitting a two-year low on easing energy costs. In the eurozone, Frankfurt's DAX…
20 Sep 2023
British inflation unexpectedly slowed in August, data showed Wednesday, hitting an 18-month low and sparking hope this week's widely-forecast interest rate hike by the Bank of England could be its last for now. The Consumer Prices Index dropped slightly to 6.7 percent from 6.8 percent in July, the Office for National Statistics (ONS) said in…
19 Apr 2023
UK inflation slowed last month but held above 10 percent on soaring food prices, official data showed Wednesday, further fuelling a cost-of-living crisis despite a series of aggressive interest-rate hikes. The Consumer Prices Index rose by a stronger-than-expected 10.1 percent in March from 10.4 percent in February, the Office for National Statistics (ONS) said in…
22 Mar 2023
British inflation unexpectedly accelerated in February, data showed Wednesday, deepening a cost-of-living crisis and pressuring the Bank of England to hike interest rates despite global markets turmoil.