Inflation

The Office for National Statistics (ONS) said Consumer Prices Index (CPI) inflation fell to 2% in May, down from 2.3% in April

How will the fall in inflation affect the cost of living crisis?

Do you know what the latest inflation rate is in the UK?

Do you know what the latest inflation rate is in the UK?

What is inflation? This is what can happen if the rates are too high or low

The Office for National Statistics (ONS) said Consumer Prices Index (CPI) inflation fell to 2% in May, down from 2.3% in April

The Office for National Statistics (ONS) said Consumer Prices Index (CPI) inflation fell to 2% in May, down from 2.3% in April

Inflation returns to Bank of England target for first time in nearly three years

UK inflation cools to lowest level in nearly three years

UK inflation cools to lowest level in nearly three years

UK inflation cools to lowest level in nearly three years

Rishi Sunak declared inflation was “back to normal” in response to the latest figures, and that “brighter days are ahead”.

Rishi Sunak declared inflation was “back to normal” in response to the latest figures, and that “brighter days are ahead”.

UK inflation falls to lowest levels in nearly three years

Food prices were the main reason for the fall in inflation according to the ONS

Food prices were the main reason for the fall in inflation according to the ONS

UK inflation falls to 3.4 per cent, the lowest level in more than two years

Food inflation also slowed, to 6.1% in January from December’s 6.7%, the ninth consecutive fall

Food inflation also slowed, to 6.1% in January from December’s 6.7%, the ninth consecutive fall

Shop price inflation falls to lowest figures since May 2022

Research compared how prices at leading UK supermarkets, including Aldi, Asda, Tesco and Lidl, have changed over the last year

Research compared how prices at leading UK supermarkets, including Aldi, Asda, Tesco and Lidl, have changed over the last year

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Worst price rises at supermarkets including Tesco, Asda, Aldi and Lidl revealed

Official figures from the Office for National Statistics (ONS) reveal that inflation jumped to a higher-than-expected 11.1% in October

Official figures from the Office for National Statistics (ONS) reveal that inflation jumped to a higher-than-expected 11.1% in October

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UK inflation soars to highest levels in 41 years due to soaring energy bills

The UK’s most squeezed households are seeing the price they have to pay for some of the cheapest food in the supermarket soaring by nearly two thirds

The UK’s most squeezed households are seeing the price they have to pay for some of the cheapest food in the supermarket soaring by nearly two thirds

Cost of living crisis

Cost of cheapest items in UK supermarkets soars by 60%

Inflation to return to double figures as food prices continue to rise (PA)

Inflation to return to double figures as food prices continue to rise (PA)

Cost of living crisis

Inflation returns to double figures as food prices continue to rise

A string of peers voiced their concerns in the Lords as Prime Minister Liz Truss faced mounting pressure to raise benefits in line with inflation

A string of peers voiced their concerns in the Lords as Prime Minister Liz Truss faced mounting pressure to raise benefits in line with inflation

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Growing pressure on Liz Truss to boost benefit payments in line with inflation

The hike was below the expectations of the financial markets, who had predicted a 0.75 percentage point rise

The hike was below the expectations of the financial markets, who had predicted a 0.75 percentage point rise

Bank of England

Interest rates hit 13 year high as Bank of England warns UK is in recession

It would be the highest interest rate that the UK has had since the financial crisis

It would be the highest interest rate that the UK has had since the financial crisis

Bank of England

Interest rates set for biggest hike in more than three decades today

MoneySavingExpert Martin Lewis has warned homeowners with a mortgage that the rise could see them paying an extra £40 a month

MoneySavingExpert Martin Lewis has warned homeowners with a mortgage that the rise could see them paying an extra £40 a month

Bank of England

Martin Lewis issues mortgage warning to homeowners

Inflation hits double figures as it soars to forty year high (PA)

Inflation hits double figures as it soars to forty year high (PA)

Cost of living crisis

Inflation hits double figures as it soars to forty year high

How will inflation affect me as it rises again to 1.75 per cent (PA)

How will inflation affect me as it rises again to 1.75 per cent (PA)

How will inflation affect me as it rises again to 1.75 per cent

Interest rates have risen to their highest level since 2008 (PA)

Interest rates have risen to their highest level since 2008 (PA)

Bank of England

Finance expert explains how to avoid a credit card rate rise as recession looms

UK ‘set to enter recession’ as stagflation warning returns for first time in 50 years (PA)

UK ‘set to enter recession’ as stagflation warning returns for first time in 50 years (PA)

Cost of living crisis

UK ‘set to enter recession’ as stagflation warning returns for first time in 50 years

Grocery price inflation has leapt by 9.9% in the last four weeks, according to fresh industry data. (PA)

Grocery price inflation has leapt by 9.9% in the last four weeks, according to fresh industry data. (PA)

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Warning to shoppers as grocery bills set to rise by almost £500

Inflation reaches new 40 year peak of 9.1% in May (PA)

Inflation reaches new 40 year peak of 9.1% in May (PA)

Inflation reaches new 40 year peak of 9.1 per cent in May

Sainsbury’s commits to price cuts on products as cost of living soars (PA)

Sainsbury’s commits to price cuts on products as cost of living soars (PA)

Cost of living crisis

Sainsbury’s commits to price cuts on products as cost of living soars

Inflation rises to highest ever on record following hike in energy costs (PA)

Inflation rises to highest ever on record following hike in energy costs (PA)

Cost of living crisis

UK inflation hits 40 year high following increase in energy costs

Bank of England issue UK recession warning as interest rate rises to 1 per cent. (PA)

Bank of England issue UK recession warning as interest rate rises to 1 per cent. (PA)

Bank of England

UK recession warning as Bank of England predicts inflation could hit 10 per cent

How UK supermarkets plan to tackle food price hikes as Brits warned to 'Brace themselves'. (PA/Canva)

How UK supermarkets plan to tackle food price hikes as Brits warned to 'Brace themselves'. (PA/Canva)

Cost of living crisis

Brits told to 'brace themselves' for further price hikes in UK supermarkets

Rising prices across the board sent UK inflation soaring higher in February, according to official figures (Aaron Chown/PA)

Rising prices across the board sent UK inflation soaring higher in February, according to official figures (Aaron Chown/PA)

Beat the Squeeze

Cost of living crisis

Cost of living: How much basic household items have increased in a year

Cost of first class stamps rises by 10p to 95p (PA)

Cost of first class stamps rises by 10p to 95p (PA)

Cost of first class stamps rises by 10p to 95p

See how inflation impacts you with this free calculator (PA)

See how inflation impacts you with this free calculator (PA)

Cost of living crisis

See how inflation impacts you with this free calculator

Pictured, the Bank of England in London. Photo via PA.

Pictured, the Bank of England in London. Photo via PA.

Bank of England

Inflation hits 30 year high as cost of living crisis escalates

Glasgow-based charity Bike for Good has launched a crowdfunder as it struggles to stay afloat amid rising costs

Glasgow-based charity Bike for Good has launched a crowdfunder as it struggles to stay afloat amid rising costs

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'We are in danger': Glasgow cycling charity appeals for donations amid cost of living crisis

Cost of living rises to its highest level in 30 years (PA)

Cost of living rises to its highest level in 30 years (PA)

Bank of England

Cost of living rises to its highest level in 30 years