U.K. Grocery Inflation Rises
How is the UK's inflation rate measured? The prices of hundreds of everyday items, including food and fuel, are tracked by the Office for National Statistics (ONS). This virtual "basket of goods ...
The Bank of England (BoE) decides monetary policy for the United Kingdom. Its primary goal is to achieve ‘price stability’, or a steady inflation rate of 2%. Its tool for achieving this is via ...
And in its latest monthly Regional Growth Tracker (RGT) update, the bank's Business Activity Index reveals that Gloucestershire and the South West region hit number one in the rankings for new work ...
The blue line in the chart represents the UK’s actual inflation rate and how it has varied compared with the Bank of England’s continual 2% target (red line). As the chart shows, inflation ...
LONDON, Sept 18 (Reuters) - British inflation ... that means faster rate cuts through the winter, even if we're expecting no change at tomorrow's meeting," James Smith, UK developed markets ...
Yael Selfin, chief economist at KPMG UK, said: “Strong services sector inflation likely closes the door on interest rate cut tomorrow.” Money markets indicate there is only a 14% chance that ...
THE UK's rate of inflation remained at 2.2% in August after rising to the same figure the month before. The Office for National Statistics (ONS) said the Consumer Price Index (CPI) measure ...
The Fed had long been keeping its main interest rate at a two-decade high in hopes of slowing the economy enough to stifle ...
Food and non-alcoholic beverages also contributed to the easing of inflation, with the annual rate falling to its lowest since June 2022. The Bank of England earlier this month left its benchmark ...