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British inflation News

British inflation

18 Oct 2016

British inflation records biggest jump in two years; highest since November 2014

British inflation recorded its sharpest jump in more than two years in September, even without any direct evidence of the weaker pound pushing up prices.

British inflation

18 Aug 2015

British inflation rate edges up from zero

"A smaller fall in clothing prices on the month compared with a year ago was the main contributor to the rise in inflation."

Britain inflation

17 Feb 2015

British inflation hits record low

Britain`s annual inflation rate slowed to a record low of 0.3 percent in January on the back of plunging oil prices and lower food costs, official data showed Tuesday.

13 Jan 2015

British inflation rate plunges to record-low 0.5%

Britain`s annual inflation rate dived in December to 0.5 percent, matching a record low on the back of sliding oil prices, official data showed Tuesday.

Bank of England

08 Jan 2015

Bank of England keeps interest rate at 0.5%

The Bank of England voted to keep its main interest rate at 0.50 percent, it announced on Thursday, against a backdrop of sliding British inflation.

British inflation

16 Dec 2014

Sliding oil sends British inflation to 12-year low

The 12-month Consumer Price Index (CPI) dropped from a rate of 1.3 per cent in October, the Office for National Statistics said in a statement.

Bank of England

04 Dec 2014

Bank of England holds rate as inflation risk remains

The central bank`s monetary policy committee (MPC) opted also on Thursday to maintain its cash stimulus, or quantitative easing, at £375 billion ($587 billion, 477 billion euros).

18 Nov 2014

British annual inflation rises to 1.3 percent

"Smaller falls in transport costs than a year ago -- notably for motor fuels and air fares, and price rises for computer games were the main contributors to the rise in the rate of inflation," the ONS said.

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