INFLATION - Asian News from UK

‘Inflation Remains a Concern, Policy Tightening Continues’

Since March last year, the central bank has rapidly raised interest rates from near zero to a range of 5.25-5.5 per cent, in an effort to fight the worst inflation in four

October 20, 2023

-Top News·Economy·USA

Britain’s inflation expected to fall to 6.5% in September

Michael Stull, a senior executive at the recruiter Manpower, said the demand for workers was weaker than a year ago, though there were “mixed messages” from employers…reports Asian Lite News Headline inflation

October 16, 2023

-Top News·UK News

ECB Raises Interest Rates to Combat Stubborn Inflation

The marginal lending facility, which offers overnight credit to banks, was also increased by a quarter-point to 4.75 per cent…reports Asian Lite News The European Central Bank (ECB) has raised interest rates

September 15, 2023

-Top News·Europe

Inflation is on track to come down, says Hunt

Hunt and Sunak are keen for voters to start feeling more optimistic about the economy as the country heads for an election expected next year, with the opposition Labour Party currently far

September 4, 2023

-Top News·Economy·UK News

Core inflation in UK has begun to fall in past 2 months, says ONS

Economists attribute particular importance to core inflation, precisely because it is supposed to strip out volatility…reports Asian Lite News Core inflation in the UK has begun to fall in the past two

August 22, 2023

-Top News·UK News

UK inflation falls sharply to 6.8% as cost of living pressures ease

There was less encouraging news for core inflation, which strips out volatile items such as fuel and food…reports Asian Lite News The UK’s annual inflation rate fell sharply to 6.8% in July,

August 17, 2023

-Top News·UK News

Food price inflation in UK falls for fifth month in a row

Overall take-home grocery sales rose by 6.5% in the four weeks to 6 August, down from 10.4% in the previous period…reports Asian Lite News Grocery price inflation has eased for the fifth

August 16, 2023

-Top News·UK News

UK wages grow at record rate

Regular pay grew by 7.8%, the highest annual growth rate since comparable records began in 2001, reveals Office for National Statistics…reports Asian Lite News Wages grew at a record annual pace between

August 15, 2023

-Top News·Economy·UK News

Sri Lanka’s inflation rate eases sharply

The inflation rate has dropped to single-digit levels in the month of July….reports Asian Lite News Sri Lanka finally witnessed a downfall in the inflation rate as it reached single-digit levels, Daily

August 1, 2023

-Top News·Asia News·Sri Lanka

Inflation slows in June, easing pressure on BoE

The Office for National Statistics said that falling of fuel prices was the biggest driver behind the drop, while food price inflation also pared back…reports Asian Lite News Inflation in the UK

July 20, 2023

-Top News·UK News

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