Tag: UK Consumer prices index

• Friday, February 20th 2015 - 05:05 UTC

  UK inflation 0.3% in January on cheaper petrol and food prices

  

  The rate of UK Consumer Prices Index inflation fell to 0.3% in January, its lowest level since records began. Cheaper petrol and lower food prices, helped by a supermarket price war, cut the rate from 0.5% in December, Office for National Statistics figures show.

• Friday, December 6th 2013 - 23:31 UTC

  Despite strong signs of recovery, Bank of England leaves interest rates unchanged

  

  The Bank of England held interest rates at a record low once more this week in spite of mounting optimism over the UK recovery. A flurry of encouraging signs on the UK economy has fuelled expectations for growth to pick up to around 1% this quarter.

• Thursday, May 10th 2012 - 20:08 UTC

  Bank of England forgets stimulus and targets inflation in spite or recession

  

  Bank of England policymakers on Thursday decided against pumping more cash into Britain's recession-hit economy, preferring to sit tight after a surprise spike in inflation.

• Wednesday, October 19th 2011 - 16:37 UTC

  UK Consumer inflation in September was 5.2%, the highest since 2008

  

  The rate of Consumer Prices Index (CPI) inflation in the UK matched its record high in September, rising to 5.2% from 4.5% the month before. An increase in energy costs was behind a large proportion of the rise.