The official rate of inflation fell below zero in April: prices are now dropping year on year.    The April reading for the Consumer Prices Index (CPI) was an annual rate of -0.1%, which is the lowest level since the … Continue reading →

The latest Quarterly Inflation Report from the Bank of England suggests there will no base rate rise this year.    “Free beer tomorrow” is a sign that used to be spotted in some pubs before they were closed down or … Continue reading →

Last month’s unexpected election result has been followed by the more anticipated announcement of a second 2015 Budget. Quite what it will be about is unclear for now – the Treasury’s press release gave little more than the date. In … Continue reading →

Annual inflation has been zero for two months. Both the February and March readings for annual Consumer Prices Index (CPI) were a big fat zero, the lowest level since the index formally started in 1997. Were it not for rounding, … Continue reading →