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

Inflation, which measures the rate of price increases over time, remains above the Bank of England's 2% target.

A steep jump in the cost of air travel, cigarettes and live entertainment helped push up the UK’s overall inflation rate last month, despite price rises slowing for everyday groceries such as butter ...

A slowdown last month in the rising cost of energy, air travel and hotels helped offset a jump in inflation for petrol, kitchen appliances and a range of groceries, meaning the UK’s overall rate eased ...

Luke Hartigan receives funding from Australian Research Council (DP230100959). He previously worked as a Research Economist at the RBA. Just when we thought it was safe to return to the supermarket ...