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21 hours ago · UK inflation fell more than expected to a three-year low of 1.7 per cent in September, prompting traders to increase bets on further rate cuts from the Bank of England this year. Wednesday’s ...
21 hours ago · The inflation rate has dropped in the 12 months to September, with the consumer prices index (CPI) falling from 2.2% in August to 1.7% last month. This is the lowest rate seen in the UK since the ...
21 hours ago · The latest drop in inflation was mainly driven by falls in the cost of fuel and air fares, said the ONS. On the flip side, inflation on food and non-alcoholic drinks went from 1.3% to 1.8% - the ...
21 hours ago · Inflation was recorded at 2.2% in August Credit: PA Graphics. A reading of 1.9% or lower would be expected to add pressure onto Bank of England rate-setters to cut interest rates further.
21 hours ago · The Consumer Prices Index (CPI) slowed to 1.7% on an annual basis in September. This is the lowest rate in over three years. The last time inflation was lower was in April 2021, according to data ...
21 hours ago · Core inflation, without food and energy prices, fell to 3.2% in September from 3.6% in the previous month. The decline in the overall inflation was bigger than the 1.9% analysts had anticipated ...
12 hours ago · UK inflation slipped below the Bank of England ’s 2% target for the first time in 3 1/2 years, a fall that sets the stage for a second interest rate cut next month. Consumer prices rose 1.7% in ...