Tag Archives: inflation

UK wage growth outpaces inflation

Wages grew faster than the rate of inflation at the end of 2016, official figures show. In the three months to December, wages grew 2.6% on an annualised basis in the UK, according to the Office for National Statistics (ONS). However, that was slower than the previous period, leading analysts to suggest households could face a “squeeze” on… Read More »

UK consumers gloomy about 2017’s looming inflation and Brexit talks

British consumers are downbeat about the economy’s prospects next year, when higher inflation is likely to erode their spending power, a major survey showed on Thursday, despite signs that growth has remained robust since June’s Brexit vote. A big jump in households’ appetite to make major purchases helped market research company GfK’s monthly consumer sentiment index inch up… Read More »

UK inflation rate falls to 0.9% in October

The UK inflation rate registered a surprise fall in October, although there were signs that the pressure on consumer prices is starting to build. Consumer Prices Index (CPI) inflation fell to 0.9%, from 1% in September, the Office for National Statistics said. That was below the 1.1% predicted by economists, who said sterling’s fall would push October’s CPI… Read More »

Rising gasoline, rents push U.S. inflation higher in September

U.S. consumer prices recorded their biggest gain in five months in September as the cost of gasoline and rents surged, pointing to a steady build-up of inflation that could keep the Federal Reserve on track to raise interest rates in December. The Labor Department said on Tuesday its Consumer Price Index increased 0.3 percent last month after rising… Read More »

UK inflation at 1% as price of clothes and fuel rises

Rising prices for clothes, hotel rooms and petrol have led to the highest rate of inflation in nearly two years, official figures show. Inflation rose to 1.0% in September, up from 0.6% in August, the Office for National Statistics (ONS) said. Clothing saw its biggest price rise since 2010 and fuel, which was falling a year ago, was… Read More »

Japan consumer inflation flat, keeps BOJ under pressure

Japan’s consumer inflation was flat in the year to February as low energy costs and weak consumption put a lid on price growth, government data showed on Friday, keeping the central bank under pressure to top up stimulus although it eased policy less than two months ago. A separate BOJ index calculated by the central bank to strip… Read More »