Latest RPIX Stories
Annual retail inflation in Britain fell to its lowest rate in 49 years in January, staying just above zero, the National Statistics Office said. The Retail Price Index fell to an annual rate of 0.1 percent during the month, down from December's 0.9 percent, The Times of London reported Tuesday. The retail inflation rate was 0.5 percent in March 1960, The Times said. Much of the month's price decline came from falling oil prices and mortgage interest rates declining in the wake of the Bank of...
By Stephen Foley inflation in the United States soared to a 17-year high last month, dealing a blow to hopes that falling commodities prices will quickly take pressure off the American consumer.
By MATT DICKINSON INFLATION figures out today are expected to show the annual rate for July spiralling to more than twice the Government's target.