Inflation and price indices - Office for National Statistics Consumer price inflation consumption segment indices and price quotes Price quote data (for locally collected data only) and consumption segment indices that underpin consumer price inflation statistics, giving users access to the detailed data that are used in the construction of the UK’s inflation figures The data are being made available
Consumer price inflation, UK - Office for National Statistics More information on the use cases for our consumer price inflation statistics can be found in our Measuring changing prices and costs for consumers and households: December 2023 article Figure 8 shows annual CPI inflation for the UK compared with the European Union (EU) average and selected Group of Seven (G7) countries While the UK CPI is
Inflation - Norges Bank Inflation is measured by comparing the price of goods and services today with how much they cost one year ago So if inflation is 2 percent, this means that prices are 2 percent higher (on average) than they were one year ago For example, if a T-shirt cost NOK 100 one year ago and now costs NOK 102, its price has risen by 2 percent
Consumer price inflation, UK - Office for National Statistics The most common approach to measuring inflation is the 12-month or annual inflation rate, which compares prices for the latest month with the same month a year ago In any given month, the annual rate is determined by the balance between upward and downward price movements across the range of goods and services included in the index
Consumer price inflation, UK: April 2025 1 Vehicle excise duty error, impact on headline consumer price inflation, April 2025 2 Main points 3 Consumer price inflation rates 4 Notable movements in prices 5 Latest movements in CPIH inflation 6 Latest movements in CPI inflation 7 Data on consumer price inflation 8 Glossary 9 Data sources and quality 10 Related links 11 Cite
What is inflation and how does it affect consumers? Inflation is the term used to describe the rate at which prices increase It’s in the headlines because it has been rising at the fastest pace for several years across many countries Inflation in the US was more than 8% in September and 10 1% in the UK That compares with the roughly 2% most policymakers accept is a stable rate
Consumer price inflation, UK - Office for National Statistics The most common approach to measuring inflation is the 12-month or annual inflation rate, which compares prices for the latest month with the same month a year ago In any given month, the annual rate is determined by the balance between upward and downward price movements across the range of goods and services included in the index
The top economics stories of 2024 - The World Economic Forum With rapid interest rate rises in recent times to dampen inflation, central banks ran the risk of recessions as growth was stifled However, across most economies that was avoided - the soft landing Our May Chief Economists Outlook talked of 'cautious optimism' - a view echoed through much of the rest of 2024
Why do we want low and stable inflation? - Norges Bank When inflation is high, it also tends to be more variable Uncertainty about the inflation outlook increases When both households and firms become uncertain about their future income and expenditure, economic planning becomes more difficult Inflation can also have unintended distributional effects High inflation can erode purchasing power
Consumer price inflation, UK: March 2025 Consumer Price Inflation team cpi@ons gov uk +44 1633 456900, or 0800 011 3703 for recorded message Statistical bulletin Consumer price inflation, UK: March 2025 Price indices, percentage changes, and weights for the different measures of consumer price inflation Table of contents 1 Main points 2 Consumer price inflation rates 3 Notable