dotlah! dotlah!
  • Cities
  • Technology
  • Business
  • Politics
  • Society
  • Science
  • About
Social Links
  • zedreviews.com
  • citi.io
  • aster.cloud
  • liwaiwai.com
  • guzz.co.uk
  • atinatin.com
0 Likes
0 Followers
0 Subscribers
dotlah!
  • Cities
  • Technology
  • Business
  • Politics
  • Society
  • Science
  • About
  • Business
  • Features
  • People

UK Inflation Rate At Lowest Point Since February 2022

  • August 18, 2023
Bank notes
Credits: Pixabay – Stefan Schweihofer
Total
0
Shares
0
0
0

UK inflation (CPI) hit 6.8 percent in July, in line with expectations and dropping by 4.3 points compared to its previous high in October 2022 according to the Office for National Statistics. Apart from a sudden spike in February, inflation rates have been dropping continuously since the record number this past fall. Since September 22, the Bank of England raised its interest rates by 3 points from 2.25 to 5.25 to combat inflation, a strategy that’s seemingly working well. In a pledge formulated in January this year, Prime Minister Rishi Sunak promised to halve inflation by the end of 2023.

According to the ONS, the latest decrease can be attributed to “falling gas and electricity prices”. On the other hand, “food prices rose in July 2023 but by less than in July 2022, also leading to an easing in the annual inflation rates. Hotels and passenger transport by air were the classes that provided the largest offsetting upward contributions to the change in the rate.”

Source: Statista

Total
0
Shares
Share
Tweet
Share
Share
Related Topics
  • Inflation
  • Office for National Statistics
  • UK
  • United Kingdom
John Francis

Previous Article
https://www.statista.com/chart/30591/performative-productive-work/
  • Business
  • Features
  • People

Who’s Only Looking Busy at Work?

  • August 16, 2023
View Post
Next Article
  • Economy
  • People

Inflation And The Cost Of Living: Are Consumers Spending Less?

  • August 18, 2023
View Post
You May Also Like
college-of-cardinals-2025
View Post
  • Featured
  • Features
  • World Events

The Definitive Who’s Who of the 2025 Papal Conclave

  • Dean Marc
  • May 8, 2025
conclave-poster-black-smoke
View Post
  • Featured
  • Features
  • World Events

The World Is Revalidating Itself

  • Dean Marc
  • May 7, 2025
View Post
  • Featured
  • Features
  • People

Conclave: How A New Pope Is Chosen

  • Dean Marc
  • April 25, 2025
deanmarc-apple-intelligence-oped-20241203
View Post
  • Artificial Intelligence
  • dotZero
  • Featured
  • Features
  • Machine Learning
  • Op-Ed
  • Outsights
  • Technology

Apple Intelligence – Innovation Enabling Mediocrity?

  • Dean Marc
  • December 4, 2024
View Post
  • People

PM Wong takes Scoot flight, fellow passengers cheer

  • dotlah.com
  • October 16, 2024
dotlah-smartnation-singapore-lawrence-wong
View Post
  • Artificial Intelligence
  • Featured
  • Features
  • Lah!
  • Machine Learning
  • Technology

Growth, community and trust the ‘building blocks’ as Singapore refreshes Smart Nation strategies: PM Wong

  • Dean Marc
  • October 9, 2024
nobel-prize-popular-physics-prize-2024-figure1
View Post
  • Artificial Intelligence
  • Featured
  • Features
  • Machine Learning
  • Software
  • Technology

They Used Physics To Find Patterns In Information

  • Dean Marc
  • October 9, 2024
dotlah-com_zedreviews-Apple-iPhone-16-Pro-finish-lineup-240909
View Post
  • Featured
  • Features
  • Gears
  • Technology

Apple debuts iPhone 16 Pro and iPhone 16 Pro Max

  • dotlah.com
  • September 10, 2024


Trending
  • 1
    • Lah!
    DBS Partners Food Bank To Better Address Food Gaps For The Vulnerable Through Singapore’s First Virtual Food Banking App
    • June 6, 2020
  • work-from-home-pexels-tima-miroshnichenko-5725565 2
    • Features
    • People
    The Balancing Act: What We’ve Learned From One Year Of Working From Home
    • April 28, 2021
  • 3
    • Cities
    • Lah!
    MPA And SMI to Co-fund Three Joint Industry-Research Consortiums To Develop And Pilot Electric Harbourcraft In Singapore
    • August 10, 2021
  • 4
    • Technology
    Would Your Mobile Phone Be Powerful Enough To Get You To The Moon?
    • July 3, 2019
  • 5
    • People
    • World Events
    An Indian Company Is Gearing Up To Make Millions Of Doses Of A $3 Covid-19 Vaccine
    • August 13, 2020
  • 6
    • Animals
    • Cities
    • Environment
    • People
    Outbreaks Like Coronavirus Start In And Spread From The Edges Of Cities
    • February 18, 2020
  • 7
    • People
    How To Stand Up For Yourself At Work
    • July 18, 2020
  • 8
    • Lah!
    LTA Pilots New Initiative To Help Commuters With Invisible Medical Conditions
    • October 3, 2019
  • 9
    • Lah!
    Can Hearing Lots Of Languages Offer Benefits Of Bilingualism?
    • September 13, 2019
  • Dos Equis COVID promotion 10
    • People
    • World Events
    Alcohol And Junk Food Companies Are Exploiting The Pandemic
    • September 14, 2020
  • 11
    • Environment
    • People
    What The Latest Coronavirus Tells Us About Emerging New Infections
    • January 27, 2020
  • 12
    • Lah!
    Singapore And The US Renew Memorandum Of Understanding
    • September 24, 2019
Trending
  • 1
    The Summer Adventures : Hiking and Nature Walks Essentials
    • June 3, 2025
  • 2
    Trump’s global trade plans are in disarray, after a US court ruling on ‘Liberation Day’ tariffs
    • May 29, 2025
  • 3
    315,000 Singaporeans have used new career and skills planning tool by SkillsFuture Singapore
    • May 23, 2025
  • college-of-cardinals-2025 4
    The Definitive Who’s Who of the 2025 Papal Conclave
    • May 8, 2025
  • conclave-poster-black-smoke 5
    The World Is Revalidating Itself
    • May 7, 2025
  • oracle-ibm 6
    IBM and Oracle Expand Partnership to Advance Agentic AI and Hybrid Cloud
    • May 6, 2025
  • 7
    Conclave: How A New Pope Is Chosen
    • April 25, 2025
  • 8
    Canonical Releases Ubuntu 25.04 Plucky Puffin
    • April 17, 2025
  • 9
    Mathematicians uncover the logic behind how people walk in crowds
    • April 3, 2025
  • 10
    Tokyo Electron and IBM Renew Collaboration for Advanced Semiconductor Technology
    • April 2, 2025
Social Links
dotlah! dotlah!
  • Cities
  • Technology
  • Business
  • Politics
  • Society
  • Science
  • About
Connecting Dots Across Asia's Tech and Urban Landscape

Input your search keywords and press Enter.