For 2024, core inflation averaged 2.4%, pulling back sharply from the 4.2% rate seen in 2023. The headline measure came in at 2.7% versus 4.8% in 2023, suggesting that policymakers' efforts to tame ...
What we haven't yet got is an investment in growth and we continue to have quite a tight labour market with quite high wage inflation," he said. "We should see rates continue to stabilise and come ...
The average price of rent increased again in October, by 8.4%, far outstripping inflation. Governments in the UK have taken very different approaches to solving the problem. The Scottish ...
While inflation has cooled since 2022, the CPI rose 2.9% from Dec. 2023 to Dec. 2024. Not all prices rise at the same rate – some sectors of the economy are seeing minimal inflation or even ...