Inflation, which measures the rate of price increases over time, remains above the Bank of England's 2% target.
Inflation in the UK will fall back to the 2% target by the end of the year, as a weak jobs market results in smaller pay rises, according to the International Monetary Fund’s latest forecasts.
"We expect headline CPI to get to 2% and even temporarily dip below in April. That should unlock further rate cuts in March ...
The UK's Consumer Price Index (CPI) measure of inflation rose by 3.4% in the 12 months to December, in part due to rising ...
UK October CPI inflation slowed to 3.6% YoY, signaling a peak and supporting expectations for continued disinflation into 2026. Housing & household services, especially energy, drove the deceleration, ...
UK inflation rose to 3.4% in December, beating forecasts and strengthening expectations that the Bank of England will keep ...
By Suban Abdulla and William Schomberg LONDON, Jan 20 (Reuters) - Britain's jobs market weakened in the run-up to November's ...
LONDON, Nov 18 (Reuters) - It is conventional wisdom to say Britain has an inflation problem. But fears over "sticky" CPI may have finally peaked. At first glance, this suggestion might look a little ...
The GBP/USD price analysis remains firm after UK CPI reports a mild rebound to 3.4% against the expected 3.3%.