Measuring key aspects of a nation’s economy is important, but the metrics used are often misunderstood by many. Quantifying output of goods and services, price levels, and labor use provides ...

Official statistics show that the rate of UK inflation has increased more than anticipated due to the increasing prices of food and fuel. The Office for National Statistics (ONS), which determines the ...

The Office for National Statistics (ONS) has confirmed that the Consumer Prices Index rose by 3.6% in the year to October, a fall from the three preceding months The Bank of England (BoE) had ...

Good afternoon, and welcome to our live coverage ahead of tomorrow’s UK inflation data release. The final week before Christmas is a big one for UK macroeconomic news. Today saw the release of labour ...