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     UK house price growth slows in October

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     UK shop prices fall faster but retailers warn of risks in budget

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2. • 1.7%

     • Prices in the UK went up by 1.7% in the 12 months to September, the lowest rate in three-and-a-half years. The Bank of England has a target to keep inflation at 2%, and puts interest rates up and down to try to meet it.
     www.bbc.co.uk/news/business-12196322.amp

     UK inflation rate: How quickly are prices rising? - BBC News

3. People also ask

   Are UK prices going up or down?

   • Inflation is falling - so prices are still going up, just not as quickly 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.

   Why inflation is falling but prices are still rising - BBC

   www.bbc.com/news/business-64290160

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   Will a rate rise slow inflation in the UK?

   • The theory is that if more people to save, this should slow the increase in prices of everyday goods by tempering demand. However, some analysts say a rate rise may not be effective in this case, because many of the factors driving UK inflation are global, such as higher oil prices.

   Inflation: UK prices soar at fastest rate for almost ten years

   www.bbc.co.uk/news/business-59316544

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   Why are car prices rising?

   • It is mainly due to higher fuel and energy prices but the cost of second-hand cars and eating out also rose, the Office for National Statistics said. Inflation is up sharply since Covid restrictions ended this year and the economy reopened. The Bank of England says it may have to raise interest rates in the "coming months" to tackle rising prices.

   Inflation: UK prices soar at fastest rate for almost ten years

   www.bbc.co.uk/news/business-59316544

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   Are prices still rising compared to a year ago?

   • Unfortunately not. Prices are still rising quite sharply compared to a year ago, just at a slower rate than they have been. Prices are still likely to keep going up over the next few months, but not at the rate that has caused such a shock to households and businesses across the country over the past year.

   Why inflation is falling but prices are still rising - BBC

   www.bbc.com/news/business-64290160

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   Is the UK experiencing high inflation?

   • The UK is not alone in experiencing high inflation in recent months. Using the internationally comparable CPI, which is the same as Eurostat's Harmonised Index of Consumer Prices (HICP), we can see that UK inflation has been broadly in line with the EU average for the last year.

   Recent drivers of UK consumer price inflation: March 2022

   www.ons.gov.uk/economy/inflationandpriceindices/articles/priceseconomicanalysisquarterly/march2022

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   Why is the cost of living rising?

   • The cost of living has surged at its fastest pace in almost 10 years, hitting 4.2% in the year to October. It is mainly due to higher fuel and energy prices but the cost of second-hand cars and eating out also rose, the Office for National Statistics said. Inflation is up sharply since Covid restrictions ended this year and the economy reopened.

   Inflation: UK prices soar at fastest rate for almost ten years

   www.bbc.co.uk/news/business-59316544

   See all results for this question

4. www.bbc.co.uk › news › business-59316544Inflation: UK prices soar at fastest rate for almost ten years

   www.bbc.co.uk › news › business-59316544

   Nov 17, 2021 · The cost of living has surged at its fastest pace in almost 10 years, hitting 4.2% in the year to October. It is mainly due to higher fuel and energy prices but the cost of second-hand cars and...

   • UK inflation rate: How quickly are prices rising? - BBC News

     Prices in the UK went up by 1.7% in the 12 months to...

   • Why inflation is falling but prices are still rising - BBC News

     The inflation figure gives us an idea of how fast the cost...

5. www.bbc.co.uk › news › business-12196322UK inflation rate: How quickly are prices rising? - BBC News

   www.bbc.co.uk › news › business-12196322

   • Cached

   Oct 16, 2024 · Prices in the UK went up by 1.7% in the 12 months to September, the lowest rate in three-and-a-half years. The Bank of England has a target to keep inflation at 2%, and puts interest rates up and...

6. Videos

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     2:12

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     Why are prices rising faster in the UK than other major countries?

     19 Apr 2023

     30.7K views

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     6:28

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     Cost of living rising in UK - BBC News

     29 Jan 2022

     1.4M views

   • 

     6:20

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     Why are prices going up? 6 Minute English

     29 Sep 2022

     538.1K views

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7. www.bbc.com › news › business-64290160Why inflation is falling but prices are still rising - BBC

   www.bbc.com › news › business-64290160

   Nov 15, 2023 · The inflation figure gives us an idea of how fast the cost of living is rising in the UK but here are a few things you might not know.

8. www.bbc.com › news › business-59316544Inflation: UK prices soar at fastest rate for almost ten years

   www.bbc.com › news › business-59316544

   • Cached

   Nov 17, 2021 · The cost of living has surged at its fastest pace in almost 10 years, hitting 4.2% in the year to October. It is mainly due to higher fuel and energy prices but the cost of second-hand cars and...

9. www.bbc.co.uk › news › business-64290160Why inflation is falling but prices are still rising - BBC News

   www.bbc.co.uk › news › business-64290160

   Nov 15, 2023 · The inflation figure gives us an idea of how fast the cost of living is rising in the UK but here are a few things you might not know. 1. Inflation is falling - so prices are still going up, just...

10. www.ons.gov.uk › economy › inflationandpriceindicesInflation and the cost of living for UK households, overview ...

    www.ons.gov.uk › economy › inflationandpriceindices

    • Cached

    For 13 of the products, the average lowest price rose at a faster rate than the official consumer price inflation measure for food and non-alcoholic beverages in the year to April 2022, which...

11. www.ons.gov.uk › economy › inflationandpriceindicesRecent drivers of UK consumer price inflation - Office for ...

    www.ons.gov.uk › economy › inflationandpriceindices

    • Cached

    Mar 23, 2022 · This analysis explores recent drivers of inflation and the factors that have been driving this increase. Consumer prices are affected by a range of different factors including costs of inputs,...