Negative inflation rate

Posted on 02 Sep 2021
Share Blog Post

 Inflation rate remains negative

The UK"s inflation rate as measured by the Consumer Prices Index remained at -0.1% in October, the Office for National Statistics has said. The ONS added that the Retail Prices Index, a separate measure that includes housing costs, fell to 0.7% in October from 0.8% in September. This is the lowest RPI rate since November 2009. October marked the first time the CPI has fallen on an annual basis for two months in a row since the index was created in 1997. The price of clothing rose last month, but this was offset by a fall in food, alcohol and tobacco. The ONS said fuel prices fell by 14% on an annual basis, while food and drink prices fell by 2.7% in October and energy costs were 4.1% lower.

Financial Times (18/11/2015)  

View more blog posts

IR35 holds back economy
Posted on 15 Apr 2024
IR35 holds back economy
read more
HMRC struggling to cope
Posted on 08 Apr 2024
HMRC struggling to cope
read more
HMRC to close phone lines
Posted on 25 Mar 2024
HMRC to close phone lines
read more
More people in higher rate tax
Posted on 18 Mar 2024
More people in higher rate tax
read more
Back To Top
01604 660661