The Annual Consumer Prices Index (CPI) inflation rate rose by 2.2% in the 12 months to July 2024, up from the 2% Bank of England target achieved in June.
Tag Archives: ONS
Election and poor weather dampen June retail sales
Retail sales fell 1.2% in June, while textile, clothing and footwear sales fell by 1.6%, figures from the Office for National Statistics (ONS) show.
Retail sales rise 2.9% in May
The Office for National Statistics (ONS) has released its retail sales figures for May, illustrating a sharp rise of 2.9%, compared with 1.8% decline in April caused by wet weather.
UK economic growth flatlines in showery April
The UK's real GDP (gross domestic product) in April remained unchanged month on month, the latest data from the Office for National Statistics (ONS) published this morning shows.
Inflation inches towards Bank of England target
Annual Consumer Prices Index (CPI) inflation rate rose by 2.3% in the 12 months to April 2024, inching towards the Bank of England's target of 2%.
ONS: ‘Shoplifting hit record high in 2023’
Shoplifting in England and Wales in 2023 reached the highest level since records began in 2003, new data from the Office for National Statistics (ONS) reveals.
Inflation loosens grip
Annual Consumer Prices Index (CPI) inflation rate increased by 3.2% in the 12 months to March 2024, down from 3.4% in February, the Office for National Statistics announced today (17 April).
Clothing and department store sales defy damp February
Clothing and department store sales outperformed overall retail thanks to new collection launches, the latest data from the Office for National Statistics (ONS) shows.
UK economy in recession as retail slumps
The UK fell into recession after GDP (gross domestic product) shrank by 0.3% in the final three months of 2023, the Office for National Statistics (ONS) reported.
UK inflation stays at 4%
Annual Consumer Prices Index (CPI) inflation rate increased by 4% in the 12 months to January 2024, staying at the same rate as in December 2023.