inflation, Bank of England

UK inflation surges above Bank of England's 2% target, curbing December rate cut expectations
The hike marks a sharp increase from the 1.7% rise recorded in September and exceeds the 2.2% forecast of economists polled by Reuters.
Inflation rises above Bank of England target again - what it means for your money
Inflation shows how the price of goods and services has changed over time, with the Consumer Price Index (CPI) being the primary measure
UK inflation rises back above Bank of England’s 2 per cent target
Inflation has rebounded back above the Bank of England ’s 2 per cent target, driving up the cost of living at an accelerated rate. Having hit a 41-year high of 11.1 per cent in 2022, consumer price inflation ( CPI) had dropped to a three year low of 1.7 per cent in September.
Inflation soars back above Bank of England target in sharpest spike for two years
Inflation has rebounded back above the Bank of England’s 2 per cent target, driving up the cost of living at an accelerated rate. Having hit a 41-year high of 11.1 per cent in 2022, consumer price inflation (CPI) had dropped to a three year low of 1.7 ...
UK inflation jumps to 2.3% in October, exceeding Bank of England’s target
The unexpected increase complicates expectations of another interest rate cut in December, following the Bank’s recent decision to reduce rates by 25bps.
What rising inflation means for you: HUGO DUNCAN on why it dashes hopes of a Christmas Bank of England rate cut
The jump in inflation announced today - from 1.7 per cent in September to 2.3 per cent in October - has dashed any lingering hopes of another interest rate cut this year.
Surging housing costs push inflation back above Bank of England target
Inflation rose faster than expected in October, which could prove to be a headache for the Bank of England and its interest rate projections.
UK inflation rises by more than expected to 2.3% in October
LONDON (Reuters) -British inflation jumped by more than expected to go back above the Bank of England's 2% target last month and measures of underlying price growth gathered speed too, showing why the BoE is moving cautiously on interest rate cuts.
UK inflation accelerates sharply to 2.3% in October
UK inflation accelerated sharply to 2.3 per cent in October, as higher energy costs pushed price growth above the Bank of England’s target. The annual consumer price index figure from the Office for National Statistics was up from 1.
U.K. inflation surges to 2.3%, outpacing expectations and fueling rate-hold speculation
Rising inflation clouds prospects for further bank of England rate cuts. The latest inflation reading pushes inflation back above the Bank of England’s 2% target. This could pot
UK inflation climbs to 2.3%, above Bank of England target, after energy bills rise – business live
US carmaker to lay off 14% of its European workforce. UK housebuilder shares fall after inflation jump 14:48 Shares in UK housebuilders have fallen today, after UK inflation jumped more ...
FTSE 100 Live: UK Inflation Rate Jumps by More Than Expected
The latest UK inflation data shows that Bank of England chief Andrew Bailey was wise to take a U-turn for the cautious in the ...
A guide to inflation and what it means for households and the economy
The Office for National Statistics said inflation rebounded from the three-year-low it recorded in September to surpass the 2 ...