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11/12/2001
UK inflation drops to all time low
Inflation in the UK fell sharply last month according to the most recent figures released by the Office for National Statistics.
The rate of inflation fell by 0.4 per cent in November taking the annual inflation rate down from 2.3 per cent in October to 1.8 per cent in November.
Downward pressures in the economy contributing to the fall in inflation were motoring – a 4 pence fall in petrol prices, housing – a fall of 0.24 per cent in the mortgage rate, and a drop in the prices of seasonal food.
Other smaller downward effects on the UK economy included clothing, footware, and alcoholic drinks.
Analysts believe that the slowdown in the world economy, fierce price competition, could mean that the UK will see yet further base rate cuts.
The inflation rate has hit the lowest rate recorded since the current system of calculating the Retail price index was started in 1975.
Inflation is now well below the Government target of 2.5 per cent per year. (SP)
The rate of inflation fell by 0.4 per cent in November taking the annual inflation rate down from 2.3 per cent in October to 1.8 per cent in November.
Downward pressures in the economy contributing to the fall in inflation were motoring – a 4 pence fall in petrol prices, housing – a fall of 0.24 per cent in the mortgage rate, and a drop in the prices of seasonal food.
Other smaller downward effects on the UK economy included clothing, footware, and alcoholic drinks.
Analysts believe that the slowdown in the world economy, fierce price competition, could mean that the UK will see yet further base rate cuts.
The inflation rate has hit the lowest rate recorded since the current system of calculating the Retail price index was started in 1975.
Inflation is now well below the Government target of 2.5 per cent per year. (SP)
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18 June 2002
UK inflation rate falls below two per cent
Official figures from the Office for National Statistics (ONS) has revealed that the UK inflation rate fell sharply last month to 1.8% in May from 2.3% in April.
UK inflation rate falls below two per cent
Official figures from the Office for National Statistics (ONS) has revealed that the UK inflation rate fell sharply last month to 1.8% in May from 2.3% in April.
16 October 2001
Sharp drop in UK inflation
The rate of UK inflation, which includes mortgage interest payments, fell in September by 0.4 of a percentage point to 1.7 per cent, according to the Office for National Statistics. The underlying rate fell just below the government’s target level of 2.5 per cent to 2.3 per cent.
Sharp drop in UK inflation
The rate of UK inflation, which includes mortgage interest payments, fell in September by 0.4 of a percentage point to 1.7 per cent, according to the Office for National Statistics. The underlying rate fell just below the government’s target level of 2.5 per cent to 2.3 per cent.
03 January 2002
House price growth to slow in 2002
The property market is set to experience a slip in demand during 2002 according to leading UK mortgage lender Nationwide and a twice-yearly survey by the CBI and property advisers GVA Grimley. The Nationwide review of 2001 revealed that UK house prices grew significantly during 2001 despite the global economic slowdown.
House price growth to slow in 2002
The property market is set to experience a slip in demand during 2002 according to leading UK mortgage lender Nationwide and a twice-yearly survey by the CBI and property advisers GVA Grimley. The Nationwide review of 2001 revealed that UK house prices grew significantly during 2001 despite the global economic slowdown.
21 November 2005
Small rise in UK house prices
According to the latest figures from the Office of the Deputy Prime Minister, house prices in September rose for the first time in six months. UK annual house price inflation in September 2005 was 3.3% up from 2.8% in August 2005. Annual house price inflation in London was 1.9% in September 2005, up from 0.8% cent in August 2005.
Small rise in UK house prices
According to the latest figures from the Office of the Deputy Prime Minister, house prices in September rose for the first time in six months. UK annual house price inflation in September 2005 was 3.3% up from 2.8% in August 2005. Annual house price inflation in London was 1.9% in September 2005, up from 0.8% cent in August 2005.
12 January 2004
House price inflation falls in November
House price inflation dropped by 1.1% in the October to November period compared to an increase of 1% in the same period last year, according to the government's latest House Price Index (HPI) figures. The HPI figures published by the Office of the Deputy Prime Minister (ODPM) today revealed that UK house price inflation fell from 12.
House price inflation falls in November
House price inflation dropped by 1.1% in the October to November period compared to an increase of 1% in the same period last year, according to the government's latest House Price Index (HPI) figures. The HPI figures published by the Office of the Deputy Prime Minister (ODPM) today revealed that UK house price inflation fell from 12.
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Northern Ireland WeatherToday:A sunny but frosty start for many. However cloud increases by midday with a few showers reaching the north coast, these mostly light but spreading inland this afternoon. Chilly. Maximum temperature 8 °C.Tonight:A rather cloudy evening with scattered showers. Becoming drier through the night with some good clear spells developing and a patchy frost away from coasts. Minimum temperature 0 °C.
