CPI inflation continues upward spike

 

The CPI (Consumer Prices Index) measure of inflation jumped to 2.5% in June from 2.1% in May.

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Inflation spike continues as CPI jumps to 2.1%

 

There was a sharp increase in the key CPI measure of inflation from 1.5% in April to 2.1% in May.

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Average earnings rise 5.6%

Average earnings rose 5.6% for the three months from February to April 2021 according to the latest labour market report from the Office for National Statistics (ONS).

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Inflation doubles in a month to 1.5%

Rising transport, clothing and energy costs spurred a surprise doubling of CPI inflation from 0.7% in March to 1.5% in April.

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