Inflation falls slightly – industry reaction

Latest Office for National Statistics (ONS) data has shown that inflation fell slightly in October to  3.6 per cent, from 3.8% in September. Core Inflation came in at 3.4% in the 12 months to October, down from the 3.5% in September and below the 3.7% forecast by the market Commenting on today’s inflation figures for October,…

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Inflation holds at 3.8% – industry reaction

Latest Office for National Statistics (ONS) data has shown that inflation held at  3.8 per cent in the year to September. Core Inflation came in at 3.5% in the 12 months to September, down from the 3.6% in August and below the forecast 3.7% forecast by the market Commenting on inflation figures for September, ONS Chief…

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Government is losing the battle against inflation

A new survey by the British Retail Consortium (BRC) suggests growing concerns about the cost of living in the year ahead. The survey of 2,000 people, conducted by Opinium, found people’s biggest concern was ‘prices rising faster than wages’, with 57% of respondents agreeing (61% among working people). This was higher than concerns around tax…

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Warning that food price inflation rise is impacting low income families

18th September 2025 Consumer Collections | #inflation

Headline CPI inflation held steady at 3.8 per cent in August, ending a run of disappointing increases, as a downward contribution from air fares was offset by increases in hospitality and petrol. There were encouraging signs for policy makers under the bonnet as the closely watched core inflation fell from 3.8 per cent in July…

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Inflation holds at 3.8% – industry reaction

Latest Office for National Statistics (ONS) data has shown that inflation held at  3.8 per cent in the year to August. Core Inflation came in at 3.6% in the 12 months to August, down from the 3.8% in July and in line with forecasts. Commenting on today’s inflation figures for August, ONS Chief Economist Grant Fitzner…

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Inflation rises to highest level in 18 months – industry reaction

Latest Office for National Statistics (ONS) data has shown that inflation has increased to 3.8 per cent in the year to July – its highest level in 18 months. Inflation rose at its fastest pace since January 2024, driven by rising food, fuel and transport costs and is up from 3.6 per cent in June.…

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Inflation increased to 3.6% in June – industry reaction

Latest Office for National Statistics (ONS) data has shown that inflation has increased to 3.6 per cent in the year to June, up from 3.4 per cent in May. The figures exceeded analysts’ predictions that inflation would remain at May’s level. The rise was driven by motor fuel and food costs, with food price inflation…

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Inflation falls slightly to 3.4% – business industry reaction

Latest Office for National Statistics (ONS) data has shown that inflation stood at 3.4% in May 2025 down 0.1% on April 2025 with rises in food and furniture costs offset by lower air fares and petrol prices. Annualised inflation was forecast to come in at 3.4% whilst core inflation came in at 3.5% in the…

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Inflation drops slightly to 2.8% – industry reaction

Latest data from the Office of National Statistics (ONS) has shown that inflation fell slightly to 2.8% in February down from 3% in January. Core Inflation came in at 3.5% in the 12 months to February, down from the 3.7% in January and lower than forecast. ONS Chief Economist Grant Fitzner said “Inflation eased in…

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Inflation rises to 10-month high of 3% in January – consumer credit industry reaction

20th February 2025 Consumer Lending | #inflation

Latest Office for National Statistics (ONS data has shown that inflation rose faster than expected in January, up from 2.5 per cent in December to 3 per cent. This is the highest annual rate of inflation since March last year. The increase was driven primarily by increases in the cost of transport, food, and non-alcoholic…

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Inflation fell to 2.5% in December – business industry reaction

UK inflation fell in December for the first time in three months as hotel prices fell and tobacco costs eased according to latest ONS data.Annualised inflation came in at 2.5% in December, down from the 2.6% reported in November. Menawhile, core inflation came in at 3.2% in the 12 months to December 2024, down from…

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Inflation dips to 2.5% – consumer credit industry reaction

15th January 2025 Consumer Lending | #inflation

Latest ONS data has shown that inflation dropped slightly to 2.5% in December, up from 2.3% in October, down from 2.6% in November. Commenting on the inflation figures, Paul Noble, CEO of Chetwood Bank, said “Some good news to start the year for Britons. Many will have approached today’s result with some apprehension, but 2025…

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Inflation rises for the second month in a row – business industry reaction

Latest ONS data has shown that year-on-year inflation rose to 2.6% in November, up from 2.3% in October, rising for the second month in a row. Year-on-year core Inflation (excluding food and energy) rose to 3.5% in November, up from 3.3% in October whilst , month-on-month inflation rose by 0.1% in October, down from 0.6%…

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