Business news and opinion from Evans Weir > Tag: CPI

With the inflation rate falling to 1.3% in December, down from 1.5% in November, will the new Governor at the Bank of England have to consider an interest rate cut as one of his first acts? The drop to 1.3% puts inflation 0.7% below the Bank’s target rate (2%) and is the lowest level it […]

The rate of inflation as measured by the Consumer Prices Index (CPI) rose to 2.7% in August following a CPI figure of 2.5% in July. The year on year comparison figure has been on the rise since 2016, peaking at over 3% in 2017 before falling back at the start of this year and then […]