The latest rate, which covers the year to January, is a drop from the previous 3.4% - but it remains above the Bank of England's 2% target.

The consumer price index eased in January but inflation was still elevated for many consumer necessities, economists said.

A steep jump in the cost of air travel, cigarettes and live entertainment helped push up the UK’s overall inflation rate last month, despite price rises slowing for everyday groceries such as butter ...

Learn how GDP growth can influence inflation, impact economic health, and affect consumer purchasing power. Understand the relation for better financial decisions.

Just when we thought it was safe to return to the supermarket aisle, it seems inflation has come back to bite us again. Worse ...

The CPI was expected to rise 2.6% on an annual basis last month, according to economists surveyed by financial data firm FactSet. The CPI tracks the changes in a basket of goods and services typically ...

Inflation is a word you hear all the time. However, many people don’t fully understand how it works or how it impacts their daily lives. While some effects of inflation, such as the ever-increasing ...

Learn the differences between nominal and real interest rates, their effects on loans and investments, and how they influence economic trends and purchasing power.

As always, there is plenty of noise about the potential for short-term inflation from tariffs, fiscal stimulus from tax cuts, and deficit spending from various governments around the world. But the ...

The Office for National Statistics calculates CPI, RPI and CPIH each month. What are they and what do they reveal about UK inflation?