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 ...

It will likely reinforce expectations that the Bank of England will hit the pause button on interest rate cuts when ... leg of Taylor Swift’s UK tour. While services inflation is volatile ...

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 stayed ...

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 ...

Prices at supermarkets increased 2% in the four weeks to Sept. 29, its data showed Tuesday. The fastest increases were in ...

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 ...

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 ...

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 ...

Prices in the UK went up by 2.2% in the 12 months to August, the same rate as in the year to July. The Bank of England has a target to keep inflation at 2%. Inflation is the increase in the price ...