Falls in the cost of petrol and air fares in May were offset by a record rate of inflation for chocolate and jumps in the price of everyday items such as coffee and cheese. The average price of ...

Price rises slowed last month across a range of everyday groceries, including cheese, pasta and breakfast cereals, which helped the UK’s overall rate of inflation drop to its lowest level since May.

A jump last month in the annual rate of inflation for petrol, air travel and chocolate was offset by an easing in the cost of live entertainment, rail tickets and cleaning equipment, helping to keep ...

Explore the effects of cost-push and demand-pull inflation on supply, demand, and prices. Learn the causes and key differences to better understand economic impacts.

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 ...

A slowdown last month in the rising cost of energy, air travel and hotels helped offset a jump in inflation for petrol, kitchen appliances and a range of groceries, meaning the UK’s overall rate eased ...

This paper examines the effectiveness of inflation targeting (IT) frameworks during the global inflation surge of 2022, a shock primarily driven by large adverse supply side disruptions following the ...