The chart shows that in 2016 the HICP rate of inflation for all three parties rose above 1% for the first time in over 2 years.
Chart of the Week: Week 42, 2016: Inflation vs. Earnings
The latest ONS figures, released yesterday show that inflation seems to be in the initial phase of converging with wage growth, currently at a tolerable level.
Chart of the Week: Week 32, 2016: UK Private Rent inflation
Over the past 5 years, rental prices in the UK on average have remained broadly stable.
Chart of the Week: Week 15, 2016: UK Essentials Inflation
The official CPI measure of inflation picked up in March to +0.5% on the previous year.
Chart of the Week: Week 10, 2016: UK Interest Rate
Saturday marked the seventh anniversary of the Bank of England’s introduction of the emergency 0.5% Bank Rate.
Chart of the Week: Week 5, 2016: Private Housing Rental Prices
At the end of last week, the Office for National Statistics released an experimental report on the growth in private housing rental prices.