Showing posts with label inflation rate. Show all posts
Showing posts with label inflation rate. Show all posts

Tuesday, 18 November 2014

UK inflation rate rises to 1.3% in October

UK inflation rose to an annual rate of 1.3% in October, up from 1.2% in the previous month, official figures show.
The slight increase moves the rate, as measured by the Consumer Prices Index (CPI), above its recent five-year low.
The Office for National Statistics (ONS), said the marginal rise was because transport costs fell by less than they did a year ago.
In addition, prices in the recreation and culture sectors rose, particularly for computer games and toys.
However, the price of food and non-alcoholic beverages fell by