About Inflation
In economics, inflation is a sustained increase in the general price level of goods and services in an economy over a period of time.
No interest rate cuts for foreseeable future, says Bank of England
... Andrew Bailey said getting Inflation, which is the rate consumer prices rise at, down to the Bank s 2% target would be " hard work"...
Autumn Statement: Jeremy Hunt cuts National Insurance but tax burden still rises
... Mr Hunt used his hour-long Commons speech to claim the government had put the economy " back on track" by halving Inflation - the rate at which prices go up - and reducing borrowing...
'We've halved inflation' and other claims by the PM checked
... I promised you we would halve Inflation - we took the difficult decisions and we have delivered on that promise Rishi Sunak, from its level of 10...
Rishi Sunak: The time has come to cut tax
... Mr Sunak said his target of halving Inflation had been met so taxes would be reduced in " a responsible way"...
Is Rishi Sunak's approach convincing or confusing voters?
... Cutting NHS waiting lists is one of Rishi Sunak s along with halving Inflation - a target met this week - growing the economy, reducing debt and stopping the boats...
Can government claim credit for fall in inflation?
...By Andy VerityBBC economics correspondentThis morning the prime minister tweeted: " In January we said we d halve Inflation...
Autumn Statement 2023: When is it and how will it affect me?
... What are the key challenges facing the UK economy? Inflation is still too highInflation - the rate at which prices rise - has fallen sharply since the high of 11...
How does your pay compare with other jobs?
... Despite the increases in pay, most workers wages rose by less than Inflation, the rate at which the cost of goods and services rise...
Rishi Sunak: The time has come to cut tax
Prime Minister Rishi Sunak has said The government is now able to cut taxes, after The pace of price rises eased.
Mr Sunak said his target of halving Inflation had been met so taxes would be reduced in " a responsible way".
He refused to comment on " speculation" about changes to individual taxes and said there would be more details in Wednesday's Autumn Statement.
But The PM said The government could now move to " The Next phase" of its plan to grow The economy.
Last week The government said it had met its pledge to halve Inflation - The rate prices are Rising -
The decrease was largely due to lower global energy prices, So There is a limit to how much credit ministers can take.
However, Mr Sunak said The government had taken " difficult decisions" including avoiding inflationary pay rises in response to strikes, to deliver on its pledge.
" That's why we can now can move on to The Next phase of our economic plan and turn our attention to cutting taxes, " He Said .
" We will do so seriously, we will do so responsibly, but that Time Is now here. "
Related TopicsSource of news: bbc.com
Inflation Photos
