Image copyright Thinkstock House price inflation across the UK is continuing to ease, according to the latest data from the Office for National Statistics (ONS). Prices rose by 6.9% in the year to October, down from 7% in September. The average price remains at £217,000, according to the index, which …
Read More »Inflation means inflation
Image copyright Getty Images Image caption Tesco’s recent spat with Unilever has highlighted fears of a new inflationary surge Sooner or later, the downward pressure on the pound since the UK’s vote to leave the European Union is expected to lead to upward pressure on the prices of most things …
Read More »UK inflation at two-year high as clothing prices rise
Image copyright Getty Images The biggest rise in clothing prices in six years helped to drive the UK’s inflation rate up to 1.2% in November, up from 0.9% in October. November’s Consumer Prices Index (CPI) inflation rate was the highest since October 2014, when it stood at 1.3%. The Office …
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