All news on the topic: Inflation

The new Vehicle Excise Duty (VED) fees will rise in line with the Retail Price Index (RPI) inflation from April 1, 2024 - this will impact petrol, diesel and hybrid drivers but motorists with a fully electric vehicle are still exempt

Bank of England Governor Andrew Bailey has said that inflation does not need to reach 2% before the Bank starts cutting interest rates

The Competition and Markets Authority said it has begun a study into formula milk market

Megan Greene said that the UK had faced a "double whammy" in dealing with both a tight jobs market and a trade shock

Analysis of data supplied by car hire broker Zest Rental looked at car hire prices in 13 popular holiday destinations including Orlando, Alicante, Lanazrote and Corfu for the forthcoming Easter and summer holidays

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The average price of coffee rose by just 0.8% in the year to January 2024 compared with a jump of 11.9% in the year to December 2023

CPI inflation is a measure of how the price of goods and services have changed over time - when it is higher, it means costs are rising faster compared to this time last year

Economists expect the figures will show that Consumer Prices Index inflation - a measure of the costs that households face - rose from 4.0% in December to 4.2% in January

A Bank of England rate setter says it's "prudent" to think that there might be a larger risk of energy prices rising than falling, which could keep inflation higher

Gifts such as a box of chocolates or a bouquet of roses tend to see the biggest surge in prices ahead of February 14 - leaving three-quarters of loved-up Brits feeling fed up

Profit rise driven by a 6.8% rise in prices over the period while the volume of items sold increased by just 0.2%

The Bank of England has been selling off Government debt in a bid to reduce inflation for the last two years

Easing inflation and weak consumer demand saw total retail sales across the UK rise by just 1.2%, a plunge from the year-on-year growth of 4.2% seen in the same month in 2023, according to new data

The Organisation for Economic Co-operation and Development revised down its predictions for headline UK inflation to average 2.8% in 2024 and 2.4% in 2025, from the 2.9% and 2.5% respectively forecast in November

UK companies are experiencing the second-highest levels of financial distress in Europe, with German firms leading the way, according to the Weil European Distress Index

Fans of fast food chicken giant Nando's are feeling the burn after the chain increased its prices to the point where many no longer see the family favourite as an affordable option

The Bank of England has paused the base rate at its current level of 5.25% for the fourth time, giving millions of homeowners relief over rising mortgage payments - but borrowing costs remain at a 16-year high

Grocery prices were 6.8% more expensive than a year ago in January, only a slight easing from December's 6.9% and a significant drop-off in pace compared with the 2.2 percentage point decrease seen between November and December

The company, which owns 1,414 pubs across the UK, said retail sales between September 30 to January 20 grew 8.8%, compared to the same period in the previous year

The arts, crafts and stationery company is taking to reduce costs

Inflation measures how prices have changed over time based on a "basket of goods" and services, which are regularly updated by the Office for National Statistics, to track prices

The average household spent £477 on groceries over December — but Kantar warned "consumers are still facing pretty hefty pressures on their budgets" with grocery prices 6.7% higher

New phone owners are being urged to check one vital detail as January inflation figures hike bills

We've rounded up all the significant money changes that are scheduled to happen in the next 12 months, including increases to key bills, as well as the latest economic predictions