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The Bank of England has forecast inflation to rise further this year to 3.7%, and stay above its 2% target until the end of ...
UK inflation slowed to 2.6% in March, down from 2.8% in February. The reading came in lower than analysts had forecast.
Overall prices in the recreation and culture division rose by 2.4% in the 12 months to March 2025, down from 3.4% in the 12 months to February. The rate in March was the lowest observed since October ...
A so-called dumping of cheap Chinese products in the UK will increase price competition and could slow the rate of inflation. Growth in the UK economy has been sluggish for some time, although the ...
UK retail sales unexpectedly rise in March but are unlikely to lower BoE rate cut bets as inflation and job data soften.
The UK government sets a target inflation rate of 2%, as high inflation can ... levels of below 1% for the last decade, as shown in the graph below. However, the Bank of England has increased ...
British inflation slowed to its weakest in three months in March and other measures watched by the Bank of England cooled too ...
In March, headline consumer price inflation in the UK was 2.6 per cent, below February’s 2.8 per cent and slightly below ...
As the chart shows, interest rates have been creeping down since ... Falling petrol prices drove UK inflation down by more than expected in the year to March. Inflation was 2.6%, down from a ...
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