The historical experience is that the rate of inflation
rises on average by about three percentage points due to a depreciation in the value of the rupee by 10 percent.
Figures staying the same mean that the cost of living is broadly the same as it was a year earlier, although the ONS commented that if the rate of inflation
was calculated to two decimal places, prices were 0.1% lower than a year previously, the first decline on record for the CPI measure.
But Labour shadow Treasury minister Catherine McKinnell said: "While this fall in the rate of inflation
is welcome, the squeeze on working people continues.
It is further noted that 2013 is the first year since 1964 with a negative annual rate of inflation
Although there are currently 861 standard savings accounts in the market, just one 'non-Isa' account and six cash Isas beat the current 2.4% rate of inflation
David Cameron should tell these companies that they cannot keep putting their prices up above the rate of inflation
The CPI rate of inflation
hit a 31-month low in June after steadily declining from a peak of 5.2 per cent last September but unexpectedly rose to 2.6 per cent in July.
THE rate of inflation
dropped to a 31-month low last month, official figures showed yesterday, as record rainfall forced clothing retailers to bring forward their summer sales.
| LONDON, July 17 (KUNA) -- The rate of inflation
in the UK dropped to a 31-month low last month, official figures showed Tuesday, as record rainfall forced clothing retailers to bring forward their summer sales.
Although the consumer price index rate of inflation
dropped from 3% to 2.8% in May, Hacker Young says the average Isa savings account rate pays only 2.6%.
THE rate of inflation
hit a 15-month low in February, official figures showed, but failed to ease fears that high oil prices may prevent it falling as quickly as previously thought.
For Asia, Study between there is a significant one-way ASEAN+3, the EU and causal relationship, where the North America nominal and real exchange rates have a significant impact on the rate of inflation
. Exchange Rate Depreciation has positive and long Depreciation and --run effect on exchange rate.