Category: Inflation
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Inflation
UK inflation hit a six-month high of 2.7% in September, having held steady earlier this year. The rise is not good news for consumers- slowing the recovery in spending power Could it be good news for savers? Only if the Banks and Building Societies increase their rates. The question is – will they? Answers on…
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UK inflation ‘peaks’ as sterling hits post-Brexit high
CPI drops to 3% UK inflation has peaked and is now on a downward trajectory, market commentators have said, as latest figures from the Office for National Statistics (ONS) show the Consumer Prices Index (CPI) dropped from a five-year high of 3.1% in November to 3% in December. The slight decline, the first drop…
