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UK consumer prices last month were 3% higher than a year ago, new figures show today

UK inflation hits five and half year high in September

UK inflation rose to its highest level in more than five years in September, according to official data that could make the Bank of England more likely to raise interest rates next month.

Business • 17 Oct 17

Bank of England Governor Mark Carney is facing high UK inflation

UK rate hike likely in 'coming months' if prices rise

Bank of England policymakers said their first interest rate rise in over a decade was likely to be needed in the "coming months" if the economy keeps growing and inflationary pressures continue to build.

Business • 14 Sep 17

Sterling increases will add to the case for the Bank of England to support the UK currency

UK inflation jump pushes sterling higher

The value of sterling jumped against both the dollar and euro today after UK inflation rose to its highest in five years.

Business • 13 Sep 17

UK consumer prices overall increased by 2.9% in August compared with a year earlier

UK inflation hits more than 5 year high in August

UK inflation hit its highest in more than five years in August as households paid more for fuel and clothing.

Business • 12 Sep 17

UK consumer prices increased by 2.9% in May compared with a year ago

UK inflation jumps again in May

British inflation unexpectedly jumped to its highest level in nearly four years in May, new figures show today.

Business • 13 Jun 17

Bank of England Governor Mark Carney warned this year would be challenging for UK consumers,

UK inflation hits highest level since 2013 in April

British inflation rose to its highest level since September 2013 last month, according to official data that underlined a growing squeeze on households ahead of the June 8 national election.

Business • 16 May 17

UK consumer prices increased in March by 2.3% compared with a year earlier, today's figures show

UK inflation holds steady in March - ONS

UK inflation held steady in March due to the later timing of this year's Easter holidays which pushed down airfares, and a dip in global oil prices.

Business • 11 Apr 17

Bank of England chief Mark Carney had set an inflation target of 2%

UK inflation shoots past Bank of England target

UK inflation last month shot past the Bank of England's 2% target for the first time since the end of 2013 and looks set to climb further due to the Brexit hit to the pound and rising global oil prices.

Business • 21 Mar 17

The UK's 12-month inflation rate hit 1.8% in January, new ONS figures show

UK inflation hits highest since June 2014 on fuel

UK consumer prices rose last month at the fastest pace since June 2014 and are set to rise further, propelled by higher global oil prices and the Brexit-fuelled fall in the pound.

Business • 14 Feb 17

The UK's Consumer Price Index was 0.9% in October, down from 1% in September

UK inflation unexpectedly falls from 1% to 0.9%

UK inflation unexpectedly slipped back last month after smaller hikes in clothing and footwear prices, according to official figures.

Business • 15 Nov 16

UK air fares climbed by a record 10.9% between May and June, the ONS said

Fuel and higher air fares push UK inflation up

UK inflation rose to a higher-than-expected 0.5% last month after fuel prices increased and the Euro 2016 football tournament helped drive up the cost of air fares, new figures show.

Business • 19 Jul 16

New ONS figures show that UK inflation fell to 0.3% in April from 0.5% in March

UK inflation down on cheaper air fares & clothes

UK inflation fell in April for the first time since last September as air fares fell back and clothes shops cut prices on the high street, according to official figures.

Business • 17 May 16

UK inflation rate moves up to 0.3% in January due to higher booze prices

Alcohol pushes UK inflation rate higher in January

UK inflation edged up to its highest rate for a year last month as rises in the price of alcohol and clothing pushed up the cost of living.

Business • 16 Feb 16

ONS said UK annual consumer price inflation rose 0.1% last month

UK inflation edges back above zero in November

British inflation returned to positive territory for the first time in four months in November, but remained close to zero as it has for most of this year, official figures showed today.

Business • 15 Dec 15

The UK consumer price index fell from zero in August to -0.1% in September

UK inflation back in negative territory at -0.1%

UK inflation dipped back in to negative territory last month as falls in the prices of food and petrol and muted rises for new fashions edged down the cost of living.

Business • 13 Oct 15

Slides in UK fuel and food prices have started to ease off, ONS says

UK inflation figure turns positive again

The UK's brush with negative inflation came to an end after just a month as it rose to 0.1% in May, official figures show today.

Business • 16 Jun 15

UK's annual inflation rate fell to -0.1% in April

UK inflation negative for first time since 1960

The UK's annual rate of consumer price inflation fell below zero for the first time since the 1960s, official figures showed today.

Business • 19 May 15

Bank of England said UK inflation was likely to pick up later this year

Bank of England cuts UK growth outlook

The Bank of England cut its forecasts for UK economic growth over the next three years and cautiously backed expectations that it will only start to raise interest rates in around a year's time.

Business • 13 May 15

UK's headline CPI rate of zero remains the lowest since comparable records from the ONS began in 1989

UK inflation rate turns negative in March

UK inflation turned negative by the narrowest of margins in March as it dropped to -0.01%, official figures showed today.

Business • 14 Apr 15

UK inflation falls to 1% in November - a 12 year low

UK inflation falls to 12 year low

UK inflation fell sharply to a 12 year low of 1% in November as lower food and petrol prices kept a lid on the cost of living.

Business • 16 Dec 14

Bank of England Governor Mark Carney points to 'troubling' developments in euro zone

Bank of England sees UK inflation below 1%

UK inflation is likely to fall below 1% in the next six months, the Bank of England said today.

Business • 12 Nov 14

UK supermarket price war keeps a lid on the rise in the cost of living

UK inflation hits 1.2% five year low

UK inflation fell to a five-year low of 1.2% in September as the supermarket price war and lower petrol prices kept a lid on the rise in the cost of living.

Business • 14 Oct 14

UK consumers see lower petrol prices and cheaper prices in supermarkets

Supermarket price wars pull UK inflation lower

British inflation slowed to 1.5% last month as consumers benefited from lower petrol prices and the ongoing supermarket price war.

Business • 16 Sep 14

UK inflation falls to four year low

Britain's 12-month inflation slowed to 1.7% in February, the lowest level for more than four years.

Business • 25 Mar 14

Lower petrol prices pull UK inflation rate down in October

UK inflation falls to 12 month low

UK inflation fell to its lowest level for more than a year in October, plunging to 2.2%, official figures have shown.

Business • 12 Nov 13

Uk Inflation