Inflation is back….what now for interest rates?
Tuesday, January 19th, 2010
Inflation is back with a bang. Now the question is what will happen to UK interest rates as prices rise at their fastest ever month-on-month pace? The Office for National Statistics announced today that Consumer Price Index (CPI) inflation rose 1% last month, taking...
Inflation rises for first time in 8 months!
Tuesday, November 17th, 2009
The Consumer Price Index (CPI) published today shows inflation at 1.5pc. The increase seems mainly due to the steep fall in oil prices last year. Economists had forecast circa 1.4pc. so no great surprises here. Moreover, the broader measure of inflation - the Retail...