INFLATION - Asian News from UK

UK inflation cools to 10.1%

British core CPI – which excludes energy, food, alcohol and tobacco – fell to 5.8% in January from December’s 6.3%…reports Asian Lite News British inflation fell by more than expected in January

February 16, 2023

-Top News·UK News

Strikes hit a 30-year high as inflation erodes pay

Nearly 2.5 million working days were lost to industrial action between June and December, the highest since 1989…reports Asian Lite News Britain lost more working days to strikes in 2022 than in

February 15, 2023

-Top News·London News·UK News

Eurozone inflation slows to 8.5% in Jan

The central bank, led by Christine Lagarde, is widely tipped to approve another hike in a bid to make spending more expensive…reports Asian Lite News Inflation in the euro zone receded for

February 2, 2023

-Top News·Europe

New NZ PM sets out priorities, ‘Bread-and-butter’ issues top list

Hipkins was sworn in as New Zealand prime minister on Wednesday, with his predecessor Jacinda Ardern officially tendering her resignation…reports Asian Lite News As the inflation grips New Zealand, newly sworn-in Prime

January 25, 2023

-Top News·POLITICS·World News

UK inflation rate dips to 10.5% in Dec

The annual inflation rate for transport was 6.9 per cent in December, down for a sixth consecutive month, and the main driver behind the easing came from motor fuels, the ONS said…reports

January 19, 2023

-Top News·UK News

‘Core inflation continues to be worrying factor’

Economists are worried as the core inflation remains on the higher side…reports Asian Lite News Retail inflation for December 2022 fell to a year’s low of 5.72 per cent, mainly due to

January 13, 2023

Business

UK firms expect to raise prices 6% in 12 months

Price-increase expectations eased only slightly from 6.2% in October. The average for the three months through November was 6.2%, down from 6.4% the previous month…reports Asian Lite News Inflation pressures in the

December 2, 2022

-Top News·UK News

Food price inflation hits new high of 12.4%

It added that surging food prices were largely to blame, with fresh food prices up by 14.3%, compared with 13.3% in October…reports Asian Lite News Food inflation hit 12.4%, up from 11.6%

November 30, 2022

UK News

Rising inflation: Should we be worried?

Consumers cannot maintain their standard of living as inflation for their consumption basket could be higher than the interest rates that earn on their savings. Politicians could lose elections over high inflation…writes

November 28, 2022

Business

Inflation outpaces wage growth in UK

Earlier this month, the Bank of England, the central bank, projected consumer price inflation to rise to around 11 percent in the fourth quarter (Q4) of 2022…reports Asian Lite News The increase

November 16, 2022

-Top News·UK News

INFLATION - Page 5