| Consumer Price Index measures the pricing levels in goods and services. Inflation happens when prices rise, whereas purchasing value falls, put simpler, when too much money is chasing too few products. |
UK Inflation Rate Mom
| UK Consumer Price Index rose on a monthly basis for May 2017 but was 40% lower compared to previous month’s value. Results were reported at 0.3%, lower than previous month values of 0.5% and beat expectations of 0.2%. Inflation Rate MoM in the United Kingdom peaked at an all-time high point of 3.37% in April of 1991 and hit rock-bottom at -0.94% in January of 2000. |
