Bond yields rose as investors waited to see if U.S. inflation data would dovetail with the prevailing narrative of no interest rate cuts by the Fed in coming months.
Retirees with private “defined benefit” pensions could lose tens of thousands of pounds due to a change in how inflation will ...
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Is it true pensions won't be increased by RPI inflation after 2030? STEVE WEBB repliesMy pension rules show annual increases based upon the Retail Price Index. I understand that from 2030 CPIH (Consumer Prices Index including owner occupiers' housing costs) will be introduced which ...
The December CPI report, due Wednesday, is predicted to show another month of sticky inflation. Gas, food, vehicle, and shelter costs are among the areas believed to have kept the CPI elevated.
On a monthly basis, CPIH rose by 0.3% in December 2024, down from 0.4% in December 2023. The Consumer Prices Index (CPI) rose by 2.5% in the 12 months to December 2024, down from 2.6% in the 12 months ...
Year-over-year core CPI (which excludes volatile food and energy costs) rose 3.2%, below the November rate of 3.3%. The CPI increased 0.4% month over month in December after rising 0.3% in November.
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