UK inflation rises by more than expected to 3%
The rate of UK inflation rose by more than expected in January to 3%, up from 2.5% in December. Analysts had been expecting a reading of 2.8%. Read the latest analysis from MoneyWeek.
UK inflation jumps to 10-month-high of 3%
UK inflation jumped to its highest level for 10 months in January, according to new official figures.Plane fares, rising food costs and a sharp jump in private school fees all contributed to higher living costs.
UK inflation leaps to higher-than-expected 3% in January
The U.K.'s inflation rate rose sharply to 3% in January, coming in above analyst expectations of a 2.8% reading, according to data released by the Office for National Statistics (ONS) on Wednesday.
UK inflation jumps more than expected in January, testing the BoE's outlook
British inflation sped up by more than expected to hit a 10-month high of 3.0% in January and is likely to rise further soon, testing the Bank of England's confidence that price pressures will ease over the longer term.
UK inflation spikes to a 10-month high, likely to worry the Bank of England
Inflation in the U.K. rose to a 10-month high in January, official figures showed Wednesday, an increase that will likely diminish expectations of rapid interest rate reductions from the Bank of England.
UK inflation rises to 3% in January
UK inflation rose more than expected to 3 per cent in January, highlighting the challenge for the Bank of England as it contends with persistent price pressures and a weakened economy. The annual rate of price growth was above the 2.
UK annual inflation jumps more than expected
Britain's annual inflation rate rose more than expected last month, official data showed Wednesday, adding pressure to the Labour government which is also facing sluggish economic growth.
Treasury warns of 'bumpy road ahead' as inflation jumps to 10-month high of 3%
UK inflation jumped to its highest level for 10 months of 3% in January, with plane fares, rising food costs and a sharp jump in private school fees all contributing to higher living costs. The rate of Consumer Prices Index (CPI) inflation rose to 3% in January from 2.
UK inflation sees further spike as it rises to a 10-month high
January's inflation figure is likely to slow down the Bank of England's delivery of interest rate cuts as inflation remains well above the central bank's government-set target. View on euronews
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UK: UK inflation soars due to rising food, airfare, education costs
London, UK - Recent The Consumer Prices Index (CPI) of the United Kingdom (UK) surged to 3 percent in January, its highest in ...