Office for National Statistics news and archive

UK inflation hits 40-year high

The UK has seen record inflation in July, with the highest rate of increase in 40 years. Data from the Office for National Statistics (ONS) Consumer Price Index (CPI) rose to 10.1 percent from 9.4 percent for the month of June, higher than the forecasted 9.8 percent. Prices for clothing and footwear items fell by 1.5 percent between June and...

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UK economic growth hits six-month low

Growth in the UK economy has slowed in the three months to November to its weakest pace in six months. The economy grew by 0.3 percent in this period, down from 0.4 percent in the three months to October, according to new data by the Office for National Statistics (ONS). The economy grew by 0.2 percent in November, up from October’s 0.1 percent...