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Drop in inflation to 2.4% is welcomed by sector

Falling CPI inflation has been welcomed by sector experts.

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CPI inflation drops from 3.1% to 3%

The Consumer Prices Index (CPI) 12-month rate was 3.0% in December 2017, down from 3.1% in November 2017, ONS reported today.

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CPI inflation steady at 3% despite rise fears

The Consumer Prices Index (CPI) 12-month rate was 3% in October, the same as September after rising from 2.6% in July to 2.9% in August, mainly due to rises in clothing and motor fuel costs.

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Bank panel rejects interest rate rise to 0.5%

Two members of the The Bank of England’s Monetary Policy Committee rebelled against the move to keep the Bank Rate at 0.25%, it emerged today.

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