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14/09/2010
UK Inflation Remains Unchanged
The UK's Consumer Prices Index (CPI) remained unchanged in August at 3.1%, the latest figures from the Office of National Statistics has revealed.
This means that the figures remains above the Bank of England's 2% target.
The high rate was attributed to rises in the cost of air fare, clothing and food.
Air fares rose by 16.1% this year, with the largest increases on long haul and European flights.
Clothing and footwear prices also rose by 2.8% this year, with the largest increases seen in women's outerwear, while food prices also rose, particularly bread, cereals and vegetables.
However, fuel prices fell by 1% between July and August this year, while prices of second-hand cars dropped between July and August, compared to sharp price rises during the same period last year.
Meanwhile, Retail Price Index inflation dropped slightly last month to 4.7% from 4.8% in July.
(KMcA/GK)
This means that the figures remains above the Bank of England's 2% target.
The high rate was attributed to rises in the cost of air fare, clothing and food.
Air fares rose by 16.1% this year, with the largest increases on long haul and European flights.
Clothing and footwear prices also rose by 2.8% this year, with the largest increases seen in women's outerwear, while food prices also rose, particularly bread, cereals and vegetables.
However, fuel prices fell by 1% between July and August this year, while prices of second-hand cars dropped between July and August, compared to sharp price rises during the same period last year.
Meanwhile, Retail Price Index inflation dropped slightly last month to 4.7% from 4.8% in July.
(KMcA/GK)
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UK Inflation Soars To 17-Month High
UK inflation reached a 17 month high in April, according to official figures. The Consumer Prices Index (CPI) rose by 3.7%, up from 3.4% in March. The all items retail prices index (RPI) also rose by 5.3%. The RPI annual inflation rate is now at its highest level since July 1991 (when it stood at 5.5%).
UK Inflation Soars To 17-Month High
UK inflation reached a 17 month high in April, according to official figures. The Consumer Prices Index (CPI) rose by 3.7%, up from 3.4% in March. The all items retail prices index (RPI) also rose by 5.3%. The RPI annual inflation rate is now at its highest level since July 1991 (when it stood at 5.5%).
12 October 2010
UK Inflation Remains At Current Rate
According to the Office for National Statistics (ONS), UK Consumer Prices Index (CPI) inflation remained unchanged at 3.1% in September. Including a higher proportion of housing costs, the Retail Prices Index (RPI), fell back slightly to 4.6%.
UK Inflation Remains At Current Rate
According to the Office for National Statistics (ONS), UK Consumer Prices Index (CPI) inflation remained unchanged at 3.1% in September. Including a higher proportion of housing costs, the Retail Prices Index (RPI), fell back slightly to 4.6%.
12 September 2006
Increase in UK inflation in August
Consumer Prices Index annual inflation rose to 2.5% in August, an increase from 2.4% in July, according to the latest figures from the Office of National Statistics.
Increase in UK inflation in August
Consumer Prices Index annual inflation rose to 2.5% in August, an increase from 2.4% in July, according to the latest figures from the Office of National Statistics.
04 July 2007
Property prices slowdown
According to the Halifax, the property price rise is slowing down dramatically. House prices rose by only 0.4 per cent in June, which was a massive drop below the 4.2 per cent rise in the final quarter of last year.
Property prices slowdown
According to the Halifax, the property price rise is slowing down dramatically. House prices rose by only 0.4 per cent in June, which was a massive drop below the 4.2 per cent rise in the final quarter of last year.
07 September 2005
Halifax reports house prices rise
House prices rose by 1.6% in August, the UK’s biggest mortgage lender, has reported. However, the Halifax warned that the rise could be temporary, boosted by the recent interest rates cuts by the Bank of England. The price rise in August followed a modest 0.4% increase in July and was the biggest monthly rise since September 2004.
Halifax reports house prices rise
House prices rose by 1.6% in August, the UK’s biggest mortgage lender, has reported. However, the Halifax warned that the rise could be temporary, boosted by the recent interest rates cuts by the Bank of England. The price rise in August followed a modest 0.4% increase in July and was the biggest monthly rise since September 2004.
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