Inflation, which measures the rate of price increases over time, remains above the Bank of England's 2% target.

UK inflation is forecast to resume its descent to the 2 per cent target next week. After a blip last month, when consumer ...

What will upcoming inflation figures mean for interest rates in the UK? - Most experts predict inflation fell back sharply to 3% in January from 3.4% in December.

We expect headline inflation to fall to 1.8% in April from 3.4% in December, a much faster pullback than the Bank of England is forecasting. It's another reason to think the Bank has more work to do.

LONDON, Feb 3 (Reuters) - UK grocery inflation eased to 4.0% in the four weeks to January 25, the lowest level since April ...

LONDON (AP) — Inflation in the U.K. unexpectedly held steady in the year to September as higher prices at the pump were offset by lower food costs, official figures showed Wednesday in a development ...

All eyes will be on the release of British consumer price figures later on Wednesday, where a hotter-than-expected print is likely to dash hopes of another rate cut from the Bank of England (BoE) this ...

LONDON (Reuters) -British grocery inflation rose to 5.2% in the four weeks to October 5, industry data showed on Tuesday, adding to pressure on consumers already facing higher energy bills. The figure ...

Bank of England chief economist Huw Pill has warned that UK consumer price inflation (CPI) is falling, but not as rapidly as the BoE had hoped, as he reiterated that interest rates must remain high to ...

The U.K. inflation rate rose to 3.4% in December. Economists polled by Reuters had expected inflation to stand at 3.3%. "Inflation ticked up a little in December, driven partly by higher tobacco ...

Spring Cut Likely On Back Of Lower Energy Bills Concern over the rate at which prices are rising has prompted the Bank of ...