Gathering data on consumer prices and the products we’re really buying will become far more precise, giving a better picture ...

UK inflation unexpectedly fell slightly to ... The ONS calculates the level of inflation based on a regularly updated "basket of goods" and services that represents what households are buying.

The Office for National Statistics (ONS) measures the price of a ‘basket’ of goods and services ... has tripled since 1995. The UK government sets a target inflation rate of 2%, as high ...

UK inflation unexpectedly slowed ... contributing to the slower overall inflation rate. Food prices, a major component of the inflation basket, continued to rise but at the same pace as the ...

UK inflation has decreased for the first time in three months. According to the Office for National Statistics (ONS), which determines the inflation rate, prices increased 2.5 per cent in the year ...

THE UK's rate of inflation has slowed ... put more money in the pockets of working people." Inflation is a measure of how much the cost of goods and services is rising over time.

UK inflation ... at what the latest inflation data means for households, the economy, and the Government. Inflation is the term used to describe the rising price of goods and services.

Here, Yahoo News UK outlines what inflation means for those relying on universal credit. Inflation is the rate at which the general level of prices for goods and services in an economy increases. To ...

UK inflation unexpectedly slowed in December ... contributing to the slower overall inflation rate. Food prices, a major component of the inflation basket, continued to rise but at the same pace as ...