Category : Search result: Consumer Prices Index


UK Food Inflation Crashes to 18-Month Low

In a major relief for households, UK food inflation has dropped to its lowest level since January 2023. We break down which grocery prices are falling fastest and what it means for your weekly shop.

Florida Heatwave Shatters Records at 110°F+

Miami and South Florida endure a brutal heatwave with record-breaking 'feels like' temperatures exceeding 110°F (43°C), triggering urgent health warnings from the National Weather Service.

UK Inflation Hits 2% Target, First Time Since 2021

In a dramatic shift, UK inflation has hit the Bank of England's 2% target for the first time in nearly three years. This sharp fall from April's 2.3% fuels intense speculation about an imminent interest rate cut, offering relief to millions of households.

UK Inflation Plummets to 2.3%, Easing Cost of Living

In a dramatic shift, UK inflation has hit the Bank of England's 2% target for the first time in nearly three years. Discover how falling energy prices are putting money back in your pocket and what it means for interest rates.

UK Inflation Surges on Higher Food and Energy Prices

New data reveals a sharp rise in UK inflation, driven by escalating food and energy costs. The ongoing conflict in Ukraine continues to disrupt global supply chains, pushing prices higher and intensifying the cost of living crisis for British families.

UK Food Prices See Sharpest Annual Fall on Record

In a dramatic shift for household budgets, UK shop food prices have fallen by 2.4% in the year to June, marking the most significant drop since the Office for National Statistics began tracking the data in 2005.

Home Depot Warns of Price Hikes Due to Trump Tariffs

Home Depot, the US retail giant, signals price increases on a range of products from tools to building materials, directly blaming the return of Trump-era import tariffs. This move could impact UK consumers and the broader DIY market.

Trump tariffs trigger UK inflation surge

New US tariffs imposed by former President Donald Trump have triggered a sharp rise in UK inflation, pushing consumer prices to their highest level in months. Experts warn of prolonged economic strain.

Trump’s tariffs may drive up consumer prices

Former President Donald Trump’s proposed tariffs on foreign goods could lead to higher prices for American consumers, experts warn. Here’s how the policy might impact the economy.

Trump tariffs cost Americans $500 more yearly

New analysis reveals that Trump’s tariffs are costing American households hundreds more each year, with no clear economic benefits. Experts warn of long-term damage.

UK shop prices fall for first time since 2021

Shop prices in the UK have fallen for the first time in over two years, offering much-needed relief to struggling families as inflation slows. The British Retail Consortium reports a 0.1% decline in June.

Asda shoppers angry over shrinking chocolate bars

Asda customers are fuming after noticing their favourite Cadbury chocolate bars have shrunk in size while prices remain the same – a classic case of 'shrinkflation' hitting shoppers' wallets.

US ground beef prices hit record high

American consumers face soaring ground beef prices as costs reach unprecedented levels. Explore the factors behind this sharp increase and its impact on households.

80% of Brits hunt for cheaper groceries

A staggering 80% of UK shoppers are actively hunting for cheaper groceries as inflation bites, with many switching supermarkets or cutting back on essentials.

Shopper stunned by UK-Australia price gap

An Australian shopper was left in disbelief after spotting a jaw-dropping price difference on the same product in a UK supermarket. The viral moment has sparked a heated debate about global pricing disparities.

UK inflation rises to 4% in December

UK inflation surges unexpectedly to 4% in December, driven by rising tobacco and alcohol prices. Experts warn of prolonged cost-of-living pressures as the Bank of England faces tough rate decisions.

US Inflation Cools as Trump Tariffs Loom

New data shows US inflation easing in June, but economists warn Trump’s proposed tariffs could reverse progress. Here’s how it impacts markets and consumers.

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