| 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
| UK Consumer Price Index accelerated on a yearly basis for May 2017 by 7.41% compared with April’s values. Results were reported at 2.9%, higher than previous month values of 2.7% and surpassing expectations of 2.7%. Inflation Rate in the United Kingdom peaked at an all-time high point of 8.50% in April of 1991 and hit rock-bottom at -0.10% in April of 2015. |
