Monday, March 2, 2015   

Britain’s November inflation drops
(01-14 18:08)

Britain's 12-month inflation slowed to the target rate of 2 percent in December and to the lowest level for more than four years, official data show.
At 2 percent, the rate was the lowest since November 2009, when it last hit the target.
The Bank of England’s main task is to use monetary policy to keep annual inflation close to a government-set target of 2 percent.
Annual inflation had stood at a four year-low point of 2.1 percent in November, the Office for National Statistics confirmed.
“The Consumer Prices Index grew by 2 percent in the year to December 2013, down from 2.1 percent in November,'' said a statement by the ONS.
“The largest contributions to the fall in the rate came from prices for food & non-alcoholic beverages and recreational goods & services. These were partially offset by an upward contribution from motor fuels.''—AFP


   
Other Business breaking news:
German MPs okay Greek bailout extension by big majority (02-27 18:45)
Hang Seng retreats, Shanghai gains (02-27 17:33)
Iberia and BA owner IAG posts profit, cites costs savings (02-27 17:28)
Airbus reports 2.3b euros earnings, predicts more orders (02-27 17:22)
Lloyds reports profits, announces first dividend since bailout (02-27 16:30)
Europe equities steady (02-27 16:19)
Novartis Japan hit with suspension over side-effect reporting (02-27 14:50)
Nikkei reaches new 15-year high (02-27 14:35)
Chinese got 6,985 US investor visas n 2013 (02-27 13:49)
Chinese billions in US open avenues for investment fraud (02-27 13:37)

More breaking news >>

© 2015 The Standard, The Standard Newspapers Publishing Ltd.
Contact Us | About Us | Newsfeeds | Subscriptions | Print Ad. | Online Ad. | Street Pts

 


Home | Top News | Local | Business | China | ViewPoint | CityTalk | World | Sports | People | Central Station | Spree | Features

The Standard

Trademark and Copyright Notice: Copyright 2015, The Standard Newspaper Publishing Ltd., and its related entities. All rights reserved.  Use in whole or part of this site's content is prohibited.   Use of this Web site assumes acceptance of the
Terms of Use, Privacy Policy Statement and Copyright Policy.  Please also read our Ethics Statement.