The official CPI measure of inflation picked up in March to +0.5% on the previous year.
Chart of the Week: Week 10, 2016: UK Interest Rate
Saturday marked the seventh anniversary of the Bank of England’s introduction of the emergency 0.5% Bank Rate.
Chart of the Week: Week 5, 2016: Private Housing Rental Prices
At the end of last week, the Office for National Statistics released an experimental report on the growth in private housing rental prices.
Chart of the Week: Week 49, 2015: UK Economic Forecasts
Last week, the Economic Research Council hosted our fifth annual economic forecasting event, the “Clash of the Titans”, where we invited three economic experts to give their forecasts for 2016.
Chart of the Week: Week 46, 2015: Core Inflation
October inflation figures from around the world have been released this week, and certainly among most of the advanced economies, headline inflation has remained at near-zero (it was 0.2% in the US, 0.1% in the Euro Area, and -0.1% in the UK).
Chart of the Week: Week 31, 2015: US and UK Recoveries
Last week, we compared the latest UK recession and recovery to historical recessions. This week, we’re comparing the UK recovery to that of the US, where despite first quarter growth problems, the recovery from the recession looks strong.