ERC Chart: US, EU28 and UK Inflation

US, EU28 and UK Inflation   Summary: The chart shows that in 2016 the HICP rate of inflation for all three parties rose above 1% for the first time in over 2 years. The chart demonstrates how during the period from the start of 2012 to mid-2015, all parties experienced a generally similar trend of […]

ERC Chart of Week – UK Essentials Inflation

UK Essentials Inflation   Summary: For the first time since they started recording the CPI measure of inflation, the rate of price growth has fallen to 0% (for February). We’ve compared that to our simple “essentials index”, which measures the price inflation of the basics; this measure has been experiencing deflation for almost a year […]

ERC – Chart of the Week – Inflation Hits 2% Target

Summary: The CPI measure of inflation hit the Bank of England’s 2% target this week for the first time since November 2009. Officials at the Bank will be pleased, but in truth they had little to do with it.   What does the chart show? The chart shows three things. The red line represents the […]