UK inflation rate falls to 3.6% in January
The Consumer Prices Index (CPI) measure of inflation fell to 3.6% in January, down from 4.2% in December, according to the Office for National Statistics.
The Retail Prices Index (RPI) fell to 3.9% from 4.8%.…
UK inflation drops to 5% in October
The Consumer Price Index (CPI), the government’s preferred measure of inflation, stood at 5% in October 2011, down from 5.2% in September – a bigger fall than expected.
Some experts are now predicting the Bank of England’s long-held belief that …
Inflation hits new highs, what does this mean for savers?
With the Bank of England base rate set at 0.5% it is difficult to get high returns form cash at the moment. To retain the purchasing power of your money you need to ensure that the return you are receiving …
What do RPI and CPI actually mean?
RPI and CPI have been in the news a lot recently, but what do they actually mean and why are they used to measure inflation?
RPI (the retail price index) is basically a measure of how much the price of …
Inflation hits new highs
Inflation hits a high of 5.2% in September 2011.…