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The main inflation measure is called the Consumer Prices Index (CPI), and the latest figure is published every month. CPI rose by 2.6% in the year to November 2024 , up from 2.3% in the 12 months ...
The Office for National Statistics said consumer price inflation rose by 2.6% in the year to November, up from 2.3% the previous month. It said stubbornly high inflation in the crucial services ...
The Office for National Statistics said higher domestic energy bills pushed up consumer price inflation up to 2.3% in the year to October from the three-year low of 1.7% recorded the previous month.
Office for National Statistics data shows that UK inflation remained at 4% in January 2024, despite a slight fall in food prices and a rise in energy prices. [ 178 ] Train drivers' union ASLEF announces that drivers at five train operators – Chiltern, c2c, East Midlands, Northern and TransPennine – have voted for a further six months of ...
The UK inflation rate has gone up for the second month in a row, with prices rising at their fastest pace since March. Inflation hit 2.6% in the year to November, according to official figures.
After that, however, it predicted growth for the years 2024–2026, with 1.3% in 2024, 2.6% in 2025, and 2.7% in 2026. The rate of inflation was predicted to be 9.1% in 2022 and 7.4% in 2023. Unemployment was expected to rise from 3.6% to 4.9% by 2024. [18]
Economic growth of 1.8% was predicted for 2024, rising to 2.5% in 2025 then falling slightly to 2.1% in 2026. The UK's rate of inflation was predicted to fall to 2.9% by the end of 2023, down from 10.7% in the final three months of 2022, while underlying debt was forecast to be 92.4% of GDP in 2023, rising to 93.7% in 2024.
The rate of price rises in the UK increased to 2.6 per cent in November, as a hike in tobacco duty and petrol costs drove inflation higher.. The Office for National Statistics (ONS) announced the ...