CPI stands for Consumer Price Index. It is an inflation indicator that measures how much the prices of everyday goods and services are rising. In simpler terms, it tells us how expensive life is getting.

While headline CPI inflation held steady, pleasing markets and boosting expectations for a rate cut next month, worryingly, core inflation accelerated to a five-month high. Headline inflation stayed put as energy prices showed deflation, but rising core ...

The Bureau of Labor Statistics has explained it was 'unable to retroactively collect' the data on consumer prices.

It is conventional wisdom to say Britain has an inflation problem. But fears over "sticky" CPI may have finally peaked.