Office for National Statistics
- Banking
Bank of England poised to hike rates again despite UK economic woes
Analysts had expected just a 0.2% decline in GDP, but today (13 September), the Office for National Statistics reported a…
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UK employment falls as wages rise at record rate
Estimates from the Office for National Statistics put the employment rate at 75.7% in April to June 2023, 0.1 percentage…
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‘Better than expected’ UK GDP grows 0.5% in June
The figures published by the Office for National Statistics today (11 August) follow a 0.1% dip in May and a…
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UK retail sales unexpectedly rise 0.3% in May
This was the second consecutive month of retail sales volumes increasing, following a rise of 0.5% in April. Economists had…
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UK inflation unexpectedly jumps to 10.4% in February
The consumer price index grew from 10.1% in January, while the consumer price index including owner occupiers’ housing costs (CIPH)…
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UK narrowly avoids recession but ‘flatlining’ economy raises concerns
Averaging out across the final three months of the year, the Office for National Statistics found that output was flat…
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UK inflation drops slightly to 10.5% in December
The consumer price index fell from 10.7% in November, while the consumer price index including owner occupiers’ housing (CPIH) fell…
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Retail sales slump by 1.4% in September
This figure follows a fall of 1.7% in August and is higher than the 0.5% dip economists expected. The core…
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