CPI at 3%

The Bank of England Inflation Report published on 08 February 2018 showed that CPI remained at 3.0% per annum in January 2018, having risen to 3.1% per annum in November 2017. At the same time average earnings have started to rise narrowing the gap between earnings and prices. Although the Monetary Policy Committee left rates…

Latest House Price Inflation Indicators

The following is a summary of the latest indices relating to U.K. house prices.

Halifax: 4.5% YoY (Oct 2017)

Nationwide: 2.5% YoY (Oct 2017)

Rightmove: 1.4% YoY (Oct 2017)

ONS: 5.0% YoY (Aug 2017)

The Royal Institute of Chartered Surveyors reported a balance of +6% from its members in September (+6% in August).