Page 3 - Uk Inflation Rate

UK inflation returns to 40-year high of 10.1% as food prices rise

British food prices rose at the fastest pace since 1980 last month, driving inflation back to a 40-year high and heaping pressure on the embattled government to balance the books without gutting help for the nation's poorest residents. Food prices jumped 14.6 per cent in the year through September, led by the soaring cost of staples such as meat, bread, milk and eggs, the Office for National Statistics said on Wednesday. That pushed consumer price inflation back to 10.1 per cent, the highest since early 1982 and equal to the level last reached in July. The figures immediately fuelled demands that the government do more to help families and retirees as it struggles to regain credibility after an ill-fated package of tax cuts roiled financial markets. Treasury chief Jeremy Hunt ditched the package after he took office last week, but he has warned that this will be a difficult winter and spending reductions also will be needed. Glenn Sanderson, head teacher at St. Aidan's Catholic ..

UK inflation jumps more than expected to 40-year high as food prices soar

The Consumer Prices Index rose 10.1% last month from 9.9% the month before, the Office for National Statistics said Wednesday.

UK inflation dips slightly in August to 9.9% amid drop in fuel prices

Inflation in the United Kingdom slowed slightly last month as a drop in gasoline and diesel fuel prices gave consumers the first glimmer of hope that Britain's cost-of-living crisis may be beginning to ease. The consumer price index rose 9.9 per cent in the 12 months through August, the Office for National Statistics said Wednesday. That's down from the 40-year high of 10.1 per cent reported last month and was lower than economists' expectations of 10 per cent. Britain has been hard hit by worldwide price shocks triggered by the war in Ukraine, with consumer prices rising at a faster pace than other major economies over the past year. Lower gasoline costs also slowed US inflation for a second straight month in August, but consumer prices that jumped 8.3 per cent from a year earlier were still painfully high much like in the UK. British Prime Minister Liz Truss last week moved to ease the pain, announcing a cap on household gas and electricity prices to head off an 80 per cent ...

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UK inflation hits double digits in July for the first time in 40 years

The Consumer Prices Index rose 10.1% in July in the UK from a year earlier after a 9.4% gain the month before

UK inflation surges to new 40-year high of 9.4% amid rising fuel prices

Inflation in the United Kingdom has accelerated to a new 40-year high, driven by rising food and fuel prices that are contributing to a cost-of-living crisis

UK inflation rate hits new 40-year high of 9.1% in May, likely to rise more

The Bank of England says inflation could hit 11% in October when a cap on domestic energy bills is lifted

UK consumer confidence plunges to record low amid cost-of-living crisis

The UK Consumer Price Index rose by 9.0 per cent in the 12 months to April 2022, up from 7.0 per cent in March

UK inflation rate up 9% in 12 months; hits 40-yr high as energy bill soars

The ONS said the rise resulted in 12-month inflation rates of 53.5 per cent for electricity and 95.5 per cent for gas, compared with rates of 19.2 per cent and 28.3 per cent, respectively, in March

UK inflation hits 9%, highest since 1982 as food and energy prices soar

Sterling fell after the data and was down by 0.4% against the US dollar.

UK inflation rate hits 40-yr high as energy bill soars amid Ukraine war

Britain's Consumer Prices Index (CPI) rose by 9.0 per cent in the 12 months to April 2022, the highest level since 1982, the British Office for National Statistics (ONS) said Wednesday.

Statsguru: From India to US, six charts show rising global inflation

In the US, consumer price inflation has been higher than in India for the last seven months

UK inflation rises at fastest pace in 30 years on soaring energy costs

Inflation in the United Kingdom accelerated to 7% in the 12 months through March, the highest annual rate since March 1992, the Office for National Statistics said

Britain announces tax cuts as inflation hits 30-yr high in February

Britain has announced tax cuts as the latest official statistics showed its inflation rose to a 30-year high in February

Men's suits are no longer suitable for measuring Britain's inflation

Covid's influence can be seen in many other changes to this year's basket, too

UK inflation up more than expected amid Covid pandemic fluctuations

British consumer prices rose by more than expected last month

Boris Johnson announces plans to raise minimum wage by 6.2% from April

A 6.2-per cent increase from April takes the so-called national living wage for workers aged 25 and over from £8.21 to a minimum £8.72 ($10.79 to $11.52, 9.63 euros to 10.27 euros).

Pulled down by food prices, UK inflation drops to 3-month low in September

Consumer price inflation rose at an annual rate of 2.4% in September, compared with August's unexpected 6-month high of 2.7%

UK inflation unchanged at 2.6% in July as price pressures ease

Sterling has fallen 14% since the referendum