CPI drops from 2.5% to 2%

CPI inflation showed a significant fall last month to 2% but experts warn that the drop may only be temporary and a rate of 4% by the year end is possible.


CPI inflation continues upward spike


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


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.


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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