Rising energy costs have led to an unexpected jump in UK inflation, raising concerns among policymakers and economists.The Consumer Price Index reached 2.3% in October, surpassing…
Browsing: core inflation
In October, the UK saw its inflation rate climb significantly due to higher energy costs, impacting the economy and forecasting challenges.The Consumer Price Index (CPI) rose…
UK inflation has decreased to 1.7% in September, dropping below the Bank of England’s target and opening discussions about potential interest rate cuts. This shift in…
The UK inflation rate held steady at 2.2% in August, with core inflation rising, driven by increased airfares.Core inflation rose to 3.6%, surpassing expectations and highlighting…
In a notable development, the UK inflation rate remained steady at 2.2% in August, while core inflation saw an ascent to 3.6%.The stability in headline inflation…