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 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.
Inflation jump expected to hit mortgage rates - what it means for your money
The average UK house price in December 2024 was £268,000, having increased by 4.6% annually, following a 3.9% rise in the 12 months to November, according to Office for National Statistics figures
UK Inflation Jumps by More Than Expected to 3.0%
LONDON (Reuters) -British inflation sped up by more than expected to hit a 10-month high of 3.0% in January and it is likely to rise further soon, testing the Bank of England's confidence that price pressures are on a downward path over the longer term.
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 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 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 ...
UK ONS says inflation was 3.0% in January
British inflation sped up to an annual rate of 3.0% in January from 2.5% in December, official figures showed on Wednesday.
UK inflation rises to 3% in January on higher transport and food costs
The UK’s inflation rate unexpectedly surged to 3% in January, surpassing analyst expectations and raising concerns about the ...
Inflation could hit 4% this year: Would that stop the Bank of England cutting interest rates?
Inflation could hit 4 per cent this year if the Bank of England's forecasts only slightly exceed expectations. Yesterday, inflation unexpectedly jumped to 3 per cent in January, hitting its highest ...
Sterling edges up after jump in UK inflation
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UK inflation surges from 2.5% to 3% in another blow to Rachel Reeves
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UK wages continue to outpace inflation
Pay outstripped price rises by 3.4% between October and December while the unemployment rate remains unchanged.