inflation, Bank of England

UK inflation surges above Bank of England's 2% target, curbing December rate cut expectations
The hike marks a sharp increase from the 1.7% rise recorded in September and exceeds the 2.2% forecast of economists polled by Reuters.
Inflation soars back above Bank of England target in sharpest spike for two years
The Bank of England seeks to control inflation – the speed at which the cost of goods and services are rising – by raising and lowering the cost of borrowing via its base inte
U.K. Inflation Rebounds Above Bank of England Target
The U.K.’s annual rate of inflation rose above the Bank of England’s target in October, a move that was expected by policymakers, who have said they would cut their key rate only gradually.
Inflation rises above Bank of England target again - what it means for your money
Inflation shows how the price of goods and services has changed over time, with the Consumer Price Index (CPI) being the primary measure
UK inflation jumps to 2.3% in October, exceeding Bank of England’s target
The unexpected increase complicates expectations of another interest rate cut in December, following the Bank’s recent decision to reduce rates by 25bps.
Inflation set to rebound after jump in energy bills
Data is expected to show a significant rebound in inflation in October after it dropped to a three-year low in the previous month.
Higher energy bills push UK inflation to 6-month high in October
Inflation in the U.K. has risen sharply to a six-month high in October. It's an increase that's set to cement market expectations that there will be no further cuts in borrowing rates this year.
UK Inflation Rises by More Than Expected to 2.3% in October
Consumer prices rose by an annual 2.3% in October after showing a 1.7% increase in September which was the first time inflation fell below the BoE's target in almost three and a half years. The BoE's most recent forecast and a Reuters poll of economists had both pointed to a reading of 2.2% in October.
Surging housing costs push inflation back above Bank of England target
Inflation rose faster than expected in October, which could prove to be a headache for the Bank of England and its interest rate projections.
UK inflation accelerates sharply to 2.3% in October
UK inflation accelerated sharply to 2.3 per cent in October, as higher energy costs pushed price growth above the Bank of England’s target. The annual consumer price index figure from the Office for National Statistics was up from 1.
UK Inflation Climbs to 2.3% as Energy Prices Jump
UK inflation has accelerated more than forecast to above the 2% target, a pickup that keeps the Bank of England's officials on track for perhaps gradual interest rate cuts. Let's get more from Ana Andrade from Bloomberg Economics.
UK inflation climbs to 2.3%, above Bank of England target, after energy bills rise – business live
US carmaker to lay off 14% of its European workforce. UK housebuilder shares fall after inflation jump 14:48 Shares in UK housebuilders have fallen today, after UK inflation jumped more ...
Allegra Stratton: Is 2.3% too High for Inflation?
OK, let’s start with the slightly gloomy news that inflation has jumped back up. It’s déjà-vu all over again with quite a ...
A guide to inflation and what it means for households and the economy
The Office for National Statistics said inflation rebounded from the three-year-low it recorded in September to surpass the 2 ...
UK inflation jumps to 2.3%, underscoring BoE's stance for gradual rate cuts
By William Schomberg and David Milliken LONDON (Reuters) -British inflation jumped by more than expected last month to rise back above the Bank of England's 2% target and underlying price growth ...
FTSE 100 Live: UK Inflation Rate Jumps by More Than Expected
The latest UK inflation data shows that Bank of England chief Andrew Bailey was wise to take a U-turn for the cautious in the ...