“For households, this is encouraging, but inflation doesn’t need to be rising for the cost-of-living squeeze to remain painful” – Kevin Brown, Scottish Friendly....
UK inflation unexpectedly remained at 2.8% last month despite the Middle East war driving up energy prices, official figures have shown ... More details to follow soon …. .
Food prices rose at the slowest rate since December 2024 with declines in inflation for meat, cheese, vegetables and cheese ... The inflation figures will support the monetary policy committee’s highly ...
The British Pound weakened against major currencies on Wednesday, sliding to its lowest level in a week after the Office for National Statistics reported UK inflation figures that came in softer than market expectations.
Official figures released earlier today revealed that UK headline inflation rose by 2.3% year-on-year in April, exceeding economists’ consensus estimate of 2.1% ... in light of sticky inflation.