Around 15m households will see their energy bills increase by more than £100 a year from April after Ofgem said it was lifting two price caps because of rising wholesale costs. The inflation rate for services like education and health also fell, bringing down the level of core inflation, after excluding volatile items like food and fuel.
The core measure is now in the process of reversing its 2018 decline to 1.8% and the Bank of England has said repeatedly it expects the index to remain biased toward the upside for some time to come. Year-on-year house price growth is forecast to have slowed to 2.5 per cent in December, down from 2.8 per cent in November.
The retail inflation number was much lower than the market expectations, said Tushar Arora, a senior economist at HDFC Bank.
Ajax midfielder De Jong fit to face Real Madrid
Isco has managed just five La Liga starts this term and missed Madrid's 3-1 win over rivals Atletico on Saturday. Let's hope we can enjoy him for plenty more games. "But we carried on well and we had our chances afterwards".
Knicks delete Durant photo from ticket pitch on website
The Knicks said in a statement to the New York Daily News the image was one of "several rotating photos on the website". Well, the Knicks just used a picture that included Durant in their efforts to get fans to renew their season tickets.
Changes in interest rates are normally only made in response to movements in inflation but are important for financial markets because of the push and pull influence they can exert over global capital flows.
"We think stronger pay pressures will eventually show up in the inflation data".
"The further falling back in inflation facilitates the Bank of England maintaining a "wait and see" approach on interest rates until after the United Kingdom leaves the EU", Howard Archer, chief economic adviser to the EY ITEM Club consultancy, said.
The Bank of England said this month that United Kingdom economic growth will likely slow further in 2019 given weakening demand from overseas and a period of increased "Brexit uncertainty" that are expected to reduce activity in the UK.
It's good news for savers who have suffered in recent years with rates that don't keep up with inflation.
However, he added: "If there is a no-deal United Kingdom exit from the European Union at the end of March, the inflation outlook will be clouded by a number of factors - most notably what happens to sterling, how well the economy holds up and what tariffs come into effect".
After much waiting and anticipation, the first Nintendo Direct of 2019 has been announced via the official Nintendo website. The co-creator of Kingdom Hearts , Shinji Hashimoto, has been promoting news of the Direct on Twitter .
Joe Root's reaction during a heated incident with Shannon Gabriel has been lauded as "more important than a victory". Speaking after the close of play, Root refused to elaborate on what exactly had been said. "It's Test cricket.
She was just one of as many as 60 women who alleged that Cosby had drugged and violated them over the course of 50 years. Instead, Cosby converses with Camille Cosby, 74, three times a day, for about three minutes each over the phone.
With 45 points against James Harden and the Houston Rockets on Saturday, George has scored 92 points in his past two tilts. The Thunder star recorded his 10th consecutive triple-double in Oklahoma City's 120-111 win over the Trail Blazers .
Wednesday, Adam Schefter reported the Ravens and Broncos have agreed to terms on a trade involving the former Super Bowl MVP. According to Over The Cap's calculator, trading Flacco will free up $28.25 million in 2020 and $24.25 million in 2021.
Mars One started grabbing headlines in 2012 when the company revealed its insane plan to send humans to Mars in 2020s. Founder Bas Lansdorp, confirmed the news to Engadget and told the publication he was "working to find a solution".
Morgan Stanley, however, believes that emerging automakers in the electric vehicle market threatens the company's sustainability. The Tesla Model S and other cars from Tesla will benefit from the Dog Mode, another feature that will be introduced soon.
The Samsung flagship phone will come with a punch-hole display which will include the selfie camera inside it. It is claimed that the Samsung Galaxy S10 may support 15W fast charging and 9W reverse wireless charging .
She said she was 'offered 3 different songs.it's about collaboration.it's about feeling supported.it's about art and honesty'. Minaj was not pleased, and today she took to Twitter to publicly pull out of the BET Concert Experience show.
Meghan Markle Is Glowing in Latest Outing With Prince Harry
Harry recently revealed that for a long time he struggled to cope with her death, and sought professional help a few years ago. Now, a source tells Vanity Fair Her Majesty is aware of the situation and has urged Prince Harry and Meghan to take action.
Ex-boyfriend held in death of woman in suitcase
Police say an arrest has been made in the slaying of a 24-year-old woman whose body was found stuffed inside a suitcase in CT . On Tuesday, DeSilva appeared before a federal magistrate in White Plains who ordered him held without bail , ABC News reports.
Phil Mickelson wins at Pebble Beach: Is U.S. Open next?
Both Mickelson and Casey will be playing in this week's Genesis Open , alongside the likes of Tiger Woods and Rory McIlroy. With two delays approaching three hours, it appeared certain the final round would not be completed Sunday.