Showing posts with label inflation. Show all posts
Showing posts with label inflation. Show all posts

Friday, 18 October 2013

UK inflation rate unchanged at 2.7% in September



The UK's inflation rate, as measured by the consumer prices index (CPI), remained unchanged in September. Petrol and diesel prices fell, but this was offset by upward pressure from air fares, the Office for National Statistics (ONS) said. It means prices are still rising faster than wages, which rose by 1.1% on average over the same period.
 

Thursday, 10 October 2013

Bank of England videos on inflation

Keeping on an even keel - Module 2: Prices and the value of your money - http://www.youtube.com/watch?v=-d0-8tr6DGo

Module 3 - controlling spending - http://www.youtube.com/watch?v=7I48BA9-iu4


Wednesday, 25 September 2013

Saturday, 21 September 2013

UK inflation rate falls to 2.7% in August

The cost of living fell in August with inflation easing to 2.7% from 2.8% in July.

The fall in the inflation rate was partly because prices for fuel, air fares and clothing rose less rapidly than last year. However, the cost of living is still rising faster than wages.
 
 
ONS: 'Fairly modest reduction' in inflation rate - http://www.bbc.co.uk/news/business-24127015

BBC - Q&A: Inflation explained

Inflation is one of the most important issues in economics.

It influences the interest rate we get on our savings and the rate we pay on our mortgages. Inflation also affects the level of state pensions and benefits, as well as the price of some train tickets.
 
 
Economy tracker: Inflation
 

India bank raises interest rates to curb inflation

India's new central bank governor has raised key interest rates by a quarter of a percentage point in an attempt to reduce inflation.

http://www.bbc.co.uk/news/world-asia-india-24170868

Indian inflation: How is it calculated?

http://www.bbc.co.uk/news/business-24108409

Tuesday, 13 November 2012

UK inflation rises to 2.7% from 2.2%

The UK's inflation rate rose sharply last month following an increase in tuition fees and food prices.

The Office for National Statistics (ONS) said the rate of Consumer Prices Index (CPI) inflation rose to 2.7% in October, up from 2.2% the month before.

http://www.bbc.co.uk/news/business-20310102

Monday, 24 September 2012

UK inflation tracker

Tracks both the RPI and CPI from 2000 - http://www.bbc.co.uk/news/10612209

Wednesday, 19 September 2012

Inflation falls back to 2.5%

The pace of price rises slowed in August compared with the previous month, official figures have shown. The annual rate of inflation in the UK, as measured by the Consumer Prices Index (CPI), fell back to 2.5% in August from 2.6% in July, the Office of National Statistics said.

The fall was partly due to smaller rises in furniture and gas prices.

http://www.bbc.co.uk/news/business-19633582

Tuesday, 18 September 2012

Inflation since 1948

http://www.guardian.co.uk/news/datablog/2009/mar/09/inflation-economics#data

Video - how inflation rates are measured

Phil Holden - http://www.youtube.com/watch?gl=GB&feature=channel&hl=en-GB&v=0MmOiDhYC-s

2012 Inflation basket of goods

Ever wondered how they work out inflation? That's where the inflation basket of goods for 2012 - announced today - comes in.

Basically, it's the list of items the Office for National Statistics monitors prices on before it can pronounce what's happening to the cost of living each month. And watching them over time can give you a real sense of how society is changing.
 

Tuesday, 22 May 2012

UK inflation rate drops to 3% in April


Inflation in the UK slowed last month owing to a fall in transport prices and the timing of Easter, taking the Consumer Prices Index measure to 3%.
The CPI rate, measuring the cost of living, fell from 3.5% in March to its lowest since February 2010, the Office for National Statistics (ONS) said.

Wednesday, 25 April 2012

Latest UK inflation figures

UK inflation rises unexpectedly to 3.5% from 3.4% - http://www.bbc.co.uk/news/business-17747009

UK inflation rise is 'temporary' - http://www.bbc.co.uk/news/business-17740469

Bank of England's Paul Tucker warns that inflation may stay about 3% for the rest of the year - http://www.bbc.co.uk/news/business-17753235

Oil price worries for Bank of England rate setters - http://www.bbc.co.uk/news/business-17455715

BoE latest quarterly inflation report - Feb 2012 - http://www.bankofengland.co.uk/publications/Documents/inflationreport/irspnote150212.pdf


Friday, 23 March 2012

Heating costs ease inflation in February

Inflation has fallen to its lowest level for 15 months. The rate, as measured by the consumer prices index (CPI), dropped last month to 3.4%.

It had been 3.6% in January. The other rate of inflation, the Retail Price Index, fell by two points to 3.7%.

Darren Morgan from the Office for National statistics said falling energy bills had helped bring the rate down.

http://www.bbc.co.uk/news/business-17444899

Inflation Rates, List by Country

list of countries ranked by Inflation Rates. The most well known indicator of inflation is the Consumer Price Index (CPI) which measures the average price of consumer goods and services purchased by households. In sum, Inflation is the rate at which the general level of prices is rising.

http://www.tradingeconomics.com/inflation-rates-list-by-country

Wednesday, 14 March 2012

Tablet computers added to UK inflation basket


Tablet computers, fiction books for teenagers and cans of stout are being put in the basket of goods used to calculate the UK's rate of inflation.
Items dropped from the basket include the cost of developing colour film.
The Office for National Statistics (ONS) updates the basket each year so the contents accurately reflect current trends in spending.
The basket contains 700 items, with 180,000 individual prices collected each month.