The latest rate, which covers the year to January, is a drop from the previous 3.4% - but it remains above the Bank of England's 2% target.
The consumer price index eased in January but inflation was still elevated for many consumer necessities, economists said.
A slowdown last month in the rising cost of energy, air travel and hotels helped offset a jump in inflation for petrol, kitchen appliances and a range of groceries, meaning the UK’s overall rate eased ...
Learn how GDP growth can influence inflation, impact economic health, and affect consumer purchasing power. Understand the relation for better financial decisions.
It is set to fall further across the year, which is likely to lead to more interest rate cuts ...
Inflation is set to ease in 2026 as cooling shelter costs, softer demand and base effects push headline CPI lower than official data currently shows.
Inflation is on the rise again. That was the major economic takeaway on Friday morning after the Bureau of Labor Statistics released its delayed reading on inflation for September. Released later than ...
Swiss inflation edged up in the final month of 2025, likely alleviating the pressure on the country’s central bank to cut rates below zero. Annual consumer-price inflation climbed to 0.1% in December ...
Learn the impact of nominal, real, and effective interest rates on investors and borrowers, including inflation's role and the cost of compounding.
WASHINGTON, Dec 10 (Reuters) - The U.S. Federal Reserve may not give President Donald Trump all the rate cuts he wants, but the view of the economy policymakers included in new economic projections on ...
Luke Hartigan receives funding from Australian Research Council (DP230100959). He previously worked as a Research Economist at the RBA. Just when we thought it was safe to return to the supermarket ...