Tag inflation


UK: Wages outpaced by cost of living

UK: Wages outpaced by cost of living

Even though there was some good news for the economy today with an increase in the amount of employment growth and a marginal decline in unemployment that suggests that the downturn at the beginning of 2013 may have just been a blip, there is increasing evidence that people who are currently in work are accepting…

UK: Inflation leads to fall in pound

UK: Inflation leads to fall in pound

Low fuel prices in April have caused a lower than expected inflation rate and as a result the value of the Pound has fallen. Inflation unexpectedly fell to 2.4% from 2.8% in March and inflation as measured by the retail price index (RPI) fell to 2.9% in April from 3.3% the previous month. Despite the…

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