Inflation rose for fourth month in a row to 3% in January
Inflation rose to 3% for the year ending in January, the Bureau of Labor Statistics reported Wednesday in an update to the consumer price index, a warning that price pressures are stronger than thought.
Rate of inflation jumps to 3% in January
The rate of inflation jumped to 3% last month in the blow to hopes of early further interest rate cuts. The Office for National Statistics ( ONS) revealed that the Consumer Prices Index (CPI) - the headline measure of inflation - rose from 2.5% in December.
UK inflation rises to 3% in January on higher transport and food costs
Core inflation, which excludes volatile food, energy, alcohol, and tobacco prices, rose to 3.7% from 3.2% in December—marking its highest level since April 2024.
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.
UK inflation leaps to higher-than-expected 3% in January
U.K. inflation rose to 3% in January, coming in above analyst expectations, according to data released by the Office for National Statistics on Wednesday. Economists polled by Reuters had expected a January reading of 2.
UK inflation reaches highest level in 10 months as it jumps to 3 per cent
The rate of Consumer Prices Index (CPI) inflation rose to 3% in January from 2.5% in December, the Office for National Statistics (ONS) said
Inflation rose to 1.9% in January, with low prices on GST-free goods offsetting high energy costs
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Inflation rose in January as prices for groceries and housing picked up
Inflation heated up more than expected in January, as prices for groceries, housing and energy all rose for Americans in ...
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, an increase that will likely diminish expectations of rapid ...
Sterling edges up after jump in UK inflation
The pound edged up on Wednesday, after data showed UK consumer inflation rose faster than expected in January, weakening the ...
Inflation rises to a high not seen in nearly a year - official figures
A chunky rise in the headline inflation rate will be unwelcome for those hoping for lower interest rates but underlying figures are not as bad news.
FTSE 100 LIVE: Stocks mixed as traders digest surprise UK inflation jump
The FTSE 100 (^FTSE) and European stocks were mixed on Wednesday as traders digested news that UK inflation rose more than ...
VIEW Canada's annual inflation rate increases to 1.9% in January
Canada's annual inflation rate rose 1.9% in January, up from 1.8% in December as lower prices helped by a sales tax reprieve ...
Taxes are reigniting Britain’s inflation nightmare
The Bank of England also blamed “rising labour cost pressures” for higher checkout prices in its latest evaluation of the economy. It said that prices had been rising much faster than anticipated. In ...
Inflation in Canada quickens to 1.9% on energy prices
Canadian consumer prices reaccelerated for the first time in three months as the central bank’s preferred core measures are ...
Inflation rises to 3% as it hits highest rate in 10 months - how it affects you
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