CPI inflation remains ‘muted’ but input prices rise aggressively
Consumer price inflation was unchanged in August but economists warned we have yet to witness the full impact of sterling depreciation post-Brexit vote.
Consumer price inflation was unchanged in August but economists warned we have yet to witness the full impact of sterling depreciation post-Brexit vote.
The UK slipped in to deflation in September, the Office for National Statistics said on Tuesday. But, while the number came in slightly lower than many economists had predicted, but many are more focused on how it is likely to change going forward.
Consumer price inflation rose slightly in July from 0% to 0.1% in July the Office of National Statistics said on Tuesday.
China’s GDP growth may be slowing, says Barings’ Hyung Jin Lee, but consumption-orientated in-roads are wide open for investors.
The minutes from the last Bank of England monetary policy meeting have revealed there remains little dissent within the committee, with all members united in holding rates steady at 0.5%.
The UK’s rate of inflation has dropped from 2.7% to 2.2% – its lowest rate since September 2012.
Consumer price inflation was unchanged over November, according to official figures, although it remains above target and could rise again in the coming months.
In a great day for TLAs, CPI, RPI and the IMF’s forecast for UK GDP have all dropped dramatically.
Record levels of CPI inflation may have been reached but at the same time there are distinct signs that this a trend downwards is just around the corner.
CPI inflation stayed at 4.5% in May and RPI at 5.2% as core inflation actually fell.