Learn how GDP growth can influence inflation, impact economic health, and affect consumer purchasing power. Understand the relation for better financial decisions.

Wage push inflation is a general increase in the cost of goods that is preceded by and results from an increase in wages. Even higher wages are then needed to compensate.

A jump last month in the annual rate of inflation for petrol, air travel and chocolate was offset by an easing in the cost of live entertainment, rail tickets and cleaning equipment, helping to keep ...

While the UK’s headline rate of inflation was unchanged in August, this masked a jump in prices for a range of everyday groceries, including cheese, fish and fruit juices, together with a rise in the ...