The consumer price index eased in January but inflation was still elevated for many consumer necessities, economists said.
The latest rate, which covers the year to January, is a drop from the previous 3.4% - but it remains above the Bank of England's 2% target.
A slowdown last month in the rising cost of energy, air travel and hotels helped offset a jump in inflation for petrol, kitchen appliances and a range of groceries, meaning the UK’s overall rate eased ...
A steep jump in the cost of air travel, cigarettes and live entertainment helped push up the UK’s overall inflation rate last month, despite price rises slowing for everyday groceries such as butter ...
Learn how GDP growth can influence inflation, impact economic health, and affect consumer purchasing power. Understand the relation for better financial decisions.
Explore how moderate inflation boosts economic growth, prevents deflation, and affects consumer spending and savings, according to economists and policymakers.
BUENOS AIRES, Jan 12 (Reuters) - Argentina's annual inflation rate ended 2025 at its lowest in more than seven years, a Reuters poll found, implying President Javier Milei's trade-opening policies and ...
Swiss inflation edged up in the final month of 2025, likely alleviating the pressure on the country’s central bank to cut rates below zero. Annual consumer-price inflation climbed to 0.1% in December ...
WASHINGTON, Feb 7 (Reuters) - Donald Trump has cast himself as Republicans’ chief messenger on the cost of living in an election year, but a Reuters review of his speeches shows a president repeatedly ...
Switzerland could see its inflation rate fall below zero again this year but even a few months of that wouldn’t be a problem, Swiss National Bank President Martin Schlegel said. Speaking to Francine ...
The Bank of England will likely deliver a pre-Christmas interest-rate cut on Thursday as concerns shift away from inflation and toward the UK’s struggling economy and jobs market. Traders and ...