Grocery price inflation falls at fastest rate on record
The average household spent £28 more on groceries across the month than in December 2022, with families spending an all-time high of
UK Inflation Eases to 3.9% in November
On a monthly basis, CPI fell by 0.2 per cent in November 2023, compared with a rise of 0.4 per cent in
Fed Maintains Rates as Inflation Retreats
Consumer prices were up 3.1 per cent annually as of November, according to Labor Department data, well below the 9.1 per cent
‘Inflation Remains a Concern, Policy Tightening Continues’
Since March last year, the central bank has rapidly raised interest rates from near zero to a range of 5.25-5.5 per cent,
Britain’s inflation expected to fall to 6.5% in September
Michael Stull, a senior executive at the recruiter Manpower, said the demand for workers was weaker than a year ago, though there
ECB Raises Interest Rates to Combat Stubborn Inflation
The marginal lending facility, which offers overnight credit to banks, was also increased by a quarter-point to 4.75 per cent…reports Asian Lite
Inflation is on track to come down, says Hunt
Hunt and Sunak are keen for voters to start feeling more optimistic about the economy as the country heads for an election
Food price inflation in UK falls for fifth month in a row
Overall take-home grocery sales rose by 6.5% in the four weeks to 6 August, down from 10.4% in the previous period…reports Asian
UK wages grow at record rate
Regular pay grew by 7.8%, the highest annual growth rate since comparable records began in 2001, reveals Office for National Statistics…reports Asian
Inflation slows in June, easing pressure on BoE
The Office for National Statistics said that falling of fuel prices was the biggest driver behind the drop, while food price inflation