The consumer price index, an inflation gauge, rose 2.9% on an annual basis in December. That's up from 2.7% in November. Energy, food, new and used vehicles, car insurance and airline fares were ...
The dynamic is reflected in the chart below, which shows low-income inflation increases outpacing ... seen some of the biggest price increases overtime, most notably food and housing.
Inflation is the term used to describe the increase in prices overtime. The rate of inflation ... as shown in the graph below. However, the Bank of England has increased interest rates on ...
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