Menu
24/03/2015
UK Inflation At Lowest Level Since Records Began
The UK inflation rate has fallen to its lowest level since records began.
New figures from the Office for National Statistics show that in the level of the Consumer Prices Index (CPI) inflation fell to 0% in February, for the first time since official records began in 1988.
The Consumer Prices Index, measures changes in the prices of the goods and services bought by households. The ONS figures show that it remains unchanged in the year to February 2015.
This means that a basket of goods and services that cost £100.00 in February 2014 would have still cost £100.00 in February 2015. While some prices – such as for motor fuels and food – are lower than they were a year ago, others – such as for clothing and rents – are higher.
The full ONS report can be read here.
(MH/IT)
New figures from the Office for National Statistics show that in the level of the Consumer Prices Index (CPI) inflation fell to 0% in February, for the first time since official records began in 1988.
The Consumer Prices Index, measures changes in the prices of the goods and services bought by households. The ONS figures show that it remains unchanged in the year to February 2015.
This means that a basket of goods and services that cost £100.00 in February 2014 would have still cost £100.00 in February 2015. While some prices – such as for motor fuels and food – are lower than they were a year ago, others – such as for clothing and rents – are higher.
The full ONS report can be read here.
(MH/IT)
Related UK National News Stories
Click here for the latest headlines.
17 April 2012
UK House Prices Rise
In the year to February 2012, UK house prices increased by 0.3 per cent, according to the Office of National Statistics (ONS). The average UK mix-adjusted house price was £224,473. Average house prices increased in both England and Scotland by 0.4 per cent and 1.1 per cent respectively.
UK House Prices Rise
In the year to February 2012, UK house prices increased by 0.3 per cent, according to the Office of National Statistics (ONS). The average UK mix-adjusted house price was £224,473. Average house prices increased in both England and Scotland by 0.4 per cent and 1.1 per cent respectively.
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%.
17 December 2013
ONS Report Four-Year-Low For CPI Inflation Rate
The Office for National Statistics (ONS) reported that in November the UK's inflation rate, as measured by the consumer prices index, has fallen to a four year low of 2.1%. The fall, down from 2.2% in October, has been credited to slower increases in food and energy prices, the ONS has said.
ONS Report Four-Year-Low For CPI Inflation Rate
The Office for National Statistics (ONS) reported that in November the UK's inflation rate, as measured by the consumer prices index, has fallen to a four year low of 2.1%. The fall, down from 2.2% in October, has been credited to slower increases in food and energy prices, the ONS has said.
20 April 2004
UK inflation rate falls to 1.1%
The latest figures on UK inflation has revealed a surprise fall taking the rate to 1.1%. The Consumer Price Index had been expected to show a slight rise, but today's figures showed a dip of 0.2% on the February figure of 1.3%.
UK inflation rate falls to 1.1%
The latest figures on UK inflation has revealed a surprise fall taking the rate to 1.1%. The Consumer Price Index had been expected to show a slight rise, but today's figures showed a dip of 0.2% on the February figure of 1.3%.
21 March 2006
UK inflation increases in February
UK inflation rose by 2% in February, the Office for National Statistics has announced. Consumer price inflation - the government's target measure - increased from 1.9% in January, the ONS reported. The biggest upward effect was caused by the rising cost of recreational and cultural items.
UK inflation increases in February
UK inflation rose by 2% in February, the Office for National Statistics has announced. Consumer price inflation - the government's target measure - increased from 1.9% in January, the ONS reported. The biggest upward effect was caused by the rising cost of recreational and cultural items.
-
Northern Ireland WeatherThis Evening and Tonight:Showers will gradually die out during the evening. A cold night with long clear spells leading to a touch of frost in places. Light winds. Minimum temperature 0 °C.
