CPI

CPI inflation creeps up to 0.7 per cent as prices of food and clothing rise

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CPI inflation creeps up to 0.7 per cent putting more pressure on families as prices of food and clothing rise The headline CPI inflation rate rose from 0.5 per cent to 0.7 per cent in October Clothing and food prices were the main cause of the increase, the ONS said The rise confounded the expectations … Read more

CPI inflation rate plunges to just 0.2% amid Eat Out scheme

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CPI inflation rate plunges to just 0.2 PER CENT as government’s Eat Out discount scheme and tumbling air fares keep prices down By James Tapsfield, Political Editor For Mailonline Published: 07:21 BST, 16 September 2020 | Updated: 07:28 BST, 16 September 2020 Inflation plunged last month as the government’s Eat Out scheme and tumbling air … Read more

Number of inflation-beating savings deals falls 90% after sharp jump in CPI

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Savings bloodbath! Returns for savers are slashed as soaring inflation wipes out paltry interest rates and four of the best accounts disappear Last month 438 savings accounts beat inflation, with the CPI at 1.3% However the announced rise in inflation to 1.8% has seen this fall to 50 This is the lowest number of inflation-beating … Read more

Hundreds of savings accounts now beat inflation as CPI falls

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Hundreds of savings accounts now beat inflation as the official rate falls to 1.3% – including 17 easy-access deals Highest number of accounts which match or beat CPI since August 2016 Figures from Savings Champion found 17 of those are easy-access deals The fall to 1.3% may mean a base rate cut could be due, … Read more