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      • According to the Office for National Statistics, UK inflation was 4.6% in the year to October, which is much lower than the recent peak of 11.1% seen last year. So does this mean prices are on their way down too? Unfortunately not. Prices are still rising quite sharply compared to a year ago, just at a slower rate than they have been.
      www.bbc.com/news/business-64290160

      Why inflation is falling but prices are still rising - BBC

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  3. commonslibrary.parliament.uk › research-briefingsHigh cost of living: Impact on households - House of Commons ...

    5 days ago · Of those whose cost of living increased, 92% said it was because food shopping had increased in price, while 68% said it was because gas and electricity bills had increased in price. Low-income households are most affected. Office for National Statistics (ONS) data shows that households with the lowest incomes experienced a higher-than-average ...

  4. www.ons.gov.uk › economy › inflationandpriceindicesCost of living latest insights - Office for National Statistics

    Feb 14, 2024 · The cost of living has risen in the UK and across the world since 2022. Food and energy prices rose markedly, particularly gas prices, partly in response to the conflict in Ukraine. Global...

  5. news.sky.com › story › inflation-has-pushed-upInflation has pushed up prices by 25% on average since 2018 ...

    Jun 21, 2023 · The latest annual inflation figure puts prices 8.7% higher than a year ago and follows already inflated costs. Factors including Brexit, the COVID pandemic and the Ukraine war have pushed up ...

  6. news.sky.com › story › cost-of-living-crisis-fourCost of living crisis: Four charts that explain what's ...

    May 18, 2022 · In the UK, prices have gone up 9% over the past year, the largest increase since 1982. Here's what the data can tell us about why it's so high and whether it'll continue to rise.

  7. www.bbc.co.uk › news › business-65037292Why is inflation higher in UK than other countries? - BBC News

    Dec 20, 2023 · The UK's inflation rate has fallen to the lowest level in more than two years, but the cost of living is still rising faster here than in most of the world's advanced economies. Prices rose by...

  8. commonslibrary.parliament.uk › research-briefingsRising cost of living in the UK - House of Commons Library

    Jul 11, 2024 · The UK inflation rate, as measured by the Consumer Prices Index, rose almost continuously from under 1% in early 2021 to 11.1% in October 2022. The inflation rate then declined, dropping to 2.0% in May 2024 (the most recent figure available at the time of publication).

  9. www.ons.gov.uk › economy › inflationandpriceindicesInflation and price indices - Office for National Statistics

    Oct 16, 2024 · The Consumer Prices Index including owner occupiers' housing costs (CPIH) rose by 2.6% in the 12 months to September 2024, down from 3.1% in August. On a monthly basis, CPIH rose by 0.1% in...

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