Tag: ONS

CPI inflation rate increases for the first time since February 2023 Key Points at a Glance: Inflation Overview: A Breath of Relief? In recent months, we’ve noticed a downtrend in inflation rates – a movement that has raised a few eyebrows and questions. In the 12 months leading up to December, the Consumer Prices Index Read more

Key Trends in Inflation: A Snapshot Decoding the Inflation Decline The key driver of this decline? A drop in energy prices, capped by regulatory measures to control what you’re charged per unit of energy. This, coupled with the Bank of England’s strategic interest rate adjustments (currently at 5.25%), is aimed at keeping inflation in check, Read more

Welcome to our update on the current inflation landscape. As your trusted advisors in mortgage and protection advice, we believe in keeping you informed with clear, jargon-free insights. Let’s dive into the recent inflation changes and how they could affect your financial decisions. Inflation Takes a Dip: What Does It Mean for You? Inflation, a Read more

UK Inflation Update – Inflation holds firm The Consumer Prices Index including owner occupiers’ housing costs (CPIH) rose by 6.3% in the 12 months to September 2023, the same rate as in August. The Consumer Prices Index (CPI) rose by 6.7% in the 12 months to September 2023, the same rate as in August. The Read more

UK Inflation Update The Consumer Prices Index including owner occupiers’ housing costs (CPIH) rose by 6.3% in the 12 months to August 2023, down from 6.4% in July. The Consumer Prices Index (CPI) rose by 6.7% in the 12 months to August 2023, down from 6.8% in July. The Bank of England’s target for inflation Read more

UK inflation falls 1.1% The Consumer Prices Index including owner occupiers’ housing costs (CPIH) rose by 6.4% in the 12 months to July 2023, down from 7.3% in June. The Consumer Prices Index (CPI) rose by 6.8% in the 12 months to July 2023, down from 7.9% in June. When the rate of inflation falls, Read more

UK Inflation Update The Consumer Prices Index including owner occupiers’ housing costs (CPIH) rose by 7.3% in the 12 months to June 2023, slightly down from 7.9% in May. The Consumer Prices Index (CPI) rose by 7.9% in the 12 months to June 2023, down from 8.7% in May. The Bank of England’s target is Read more

UK Inflation Update The Consumer Prices Index including owner occupiers’ housing costs (CPIH) saw a marginal uptick to 7.9% for the year ending May 2023, from 7.8% in April. The Consumer Prices Index (CPI) rose by 8.7% in the 12 months to May 2023, unchanged from April. The UK continues to grapple with inflation rates Read more

UK Inflation Update: Inflation eases to 8.7% The Consumer Prices Index (CPI) rose by 8.7% in the 12 months to April 2023, down from 10.1% in March. The Consumer Prices Index including owner occupiers’ housing costs (CPIH) rose by 7.8% in the 12 months to April 2023, down from 8.9% in March. CPI differs from Read more