The UK government sets a target inflation rate of 2%, as high inflation can ... levels of below 1% for the last decade, as shown in the graph below. However, the Bank of England has increased ...

Overall, services prices - which feature prominently in the debate at the BoE about how quickly to cut interest rates - rose ... The line chart shows inflation, core inflation and services ...

What to expect from the next UK inflation report? The UK Consumer Price Index is expected to rise at an annual rate of 2.8% in January ... momentum indicator in the daily chart holding firm ...

"The addition of virtual reality headsets for the first time shows our appetite for emerging technology, while the loss of printed newspaper adverts demonstrates a continuing shift towards the online ...

When inflation surged in 2022, it was relatively easy to predict central bankers’ next moves: the argument for rising interest rates was clear and relatively unambiguous. Today, trade offs are far ...