Consumer Price Inflation moved higher in August (2.90%) from 2.60% in July.
Together with favourable UK unemployment (4.3% – a record low,) the Monetary Policy Committee (MPC) are considering a higher base rate in the coming months.
We’ve complied a simple to use matrix of the widely fluctuating levels of CPI increases (and decreases) across 137 categories, all of which feed into the CPI “basket of goods” calculation by the ONS.
Check out how consumer prices are changing in the sectors you sell too. Are your sales changing in a similar fashion?