Tag results for: inflation
Bank of England’s chief economist ‘more comfortable’ with inflation outlook – London Business News | Londonlovesbusiness.com
The Bank of England chief economist Huw Pill one of the Monetary Policy Committee’s (MPC) has said he is “more comfortable” the inflation outlook.
Speaking at an event hosted...
Morrisons reports a slowdown in sales amid high food inflation – London Business News | Londonlovesbusiness.com
Morrisons chief executive Rami Baitieh has said that customers are “feeling the squeeze” as food prices keep rising.
Baitieh said they have seen sales fall in the latest quarter...
Food prices accelerate as inflation remains at 3.8% – London Business News | Londonlovesbusiness.com
Official figures shows that inflation remained unchanged in August and food and drink prices has soared for the fifth consecutive month.
The Office for National Statistics said in August...
Inflation holds steady and any hopes of interest rate cut is now dashed – London Business News | Londonlovesbusiness.com
UK inflation held firm at 3.8% in August, remaining at almost double the Bank of England’s 2% target.
Inflationary pressures persist, driven by a tight labour market and resultant...
Headline inflation holds steady in August, as Bank of England struggles to meet target – London Business News | Londonlovesbusiness.com
Headline CPI inflation held steady in August at 3.8%, despite underlying price momentum moving in the wrong direction.
Food price inflation accelerated again, rising from 4.9% to 5.1% in...
Breakfast menu prices are likely to see the biggest increase from food inflation – London Business News | Londonlovesbusiness.com
The Office for National Statistics (ONS) has released the latest Consumer Price Inflation Index, revealing a 4.9% inflation rate for food and non-alcoholic beverages.
This marks the fourth consecutive...
