Rising Inflation Highlights Need for Careful Money Management
The UK inflation rate rose for the first time in ten months during April, pushed up by higher fares for travel and the cost of fuel. The Consumer Price Index rose to 1.8% in April according to the Office for National Statistics – up from 1.6% the previous month. According to the ONS, the timing […]
Food Price Inflation Hits Record Low
Food price inflation in the UK is at its lowest ever recorded level, while overall price deflation occurred for an eleventh consecutive month in March. The food market was the one that stood out though – as food inflation slowed to 0.8% in February, lower than at any other point in the past. It represents […]
