ERC Chart: UK Essentials Inflation

UK Essentials Inflation   Summary: The official CPI measure of inflation picked up in March to +0.5% on the previous year. However, our “Essentials Index” remained at -2.5% for the third month in a row, and it has now been at around that level since December 2014. This has helped close the gap between the […]

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 […]