The world energy shock is coming
The US and Israel’s illegal attack on Iran will provoke a global economic catastrophe
ByInflation
Inflation describes how much prices of goods and services are increasing (if they’re decreasing, this is known as deflation). In the UK the main measure of inflation is the Consumer Prices Index. The Office for National Statistics tracks the cost of living through the prices of items in a hypothetical “basket of goods” that includes everyday products and services. Here you can find all of our latest news, analysis and comment about inflation.
Lessons for Keir Starmer in Tesco Town
War in Iran loomed large at London’s biggest supermarket: time for government to enter crisis mode.
By
Oil prices mean Starmer must raise tax or face recession
The Iran war is a tax hike imposed by Donald Trump on consumers across the planet
By
The Iran war, oil and gas prices, and a potential new inflation spike
Britain and Europe must prepare for soaring energy prices
By
The housing market has already crashed
But you still can’t afford to buy a home
By
The truth about junior doctors’ pay
The BMA’s figures are debatable.
By
Britain’s stubborn inflation is decades in the making
Today’s jump – to the highest rate for a year – is the product of chronic bad government.
By
The return of inflation is bad news for Labour
The government’s room to manoeuvre is disappearing fast.
By
Lower inflation figures won’t help Jeremy Hunt
The Chancellor is trapped: convincing voters the economy is improving, while acknowledging they do not feel it.
By
The truth about Sleepy Joe
Bidenomics is working far better than our government’s lack of an economic plan.
By
Pledge tracker: Rishi Sunak misses key targets
As the year draws to a close, it is clear that Sunak cannot claim to have met the majority of…
By
Inflation can’t be blamed on a “wage-price spiral”
While tight monetary policy is squeezing demand, new research by the IPPR and Common Wealth shows corporate margins are ballooning.
By
The four big myths of Jeremy Hunt’s Autumn Statement
The government hasn’t cut taxes for workers and it can’t take credit for lower inflation.
By
Would public sector pay rises cause inflation?
Steve Barclay claimed higher pay for public sector workers “would not be consistent with bringing the inflation target down.” He’s…
By
The triple lock is an economic absurdity
Ending an expensive and haphazard pension system would be an act of fiscal sanity.
By
Inflation down, pay up? Don’t believe the hype
Today’s inflation figures show price increases were slightly outpaced by wage growth. But Britain is still in its long recovery…
By
Is anybody running the Bank of England?
It’s the young and poor who pay for their relentless hike of interest rates.
By
Adam Posen: “Brexit is a trade war by the UK on itself”
The US economist and former Monetary Policy Committee member on how Britain became so poor and where Labour is going…
By
Is the Bank of England raising interest rates too far?
The base rate has risen to 5.25 per cent. Will it do more harm than good?
By
The Bank of England has lots more pain to inflict
Inflation is rising less fast than expected – but that may not be much help.
By