Latest Channel 4 News:
Teen stuck on ice shoots polar bear
MPs in war of words on video game
Shoplifting increase amid recession
Johnson to calm fury over Nutt exit
Cameron to set out welfare plans

The consumer prices index for June rises by half of one per cent, to 3.8 per cent

Updated on 15 July 2008

By Emily Reuben

New figures show inflation last month rose to almost twice the Bank of England's 2 per cent target.

The consumer prices index jumped by half of one per cent to 3.8 per cent, its highest level since Gordon Brown changed the official inflation index back in 1997.

The retail prices index, which includes housing costs and council tax, also rose sharply, by 0.4 per cent to 4.8.

And the news came alongside another set of grim housing and retail figures.

Send this article by email

More on this story

Channel 4 is not responsible for the content of external websites.


Watch the Latest Channel 4 News

Watch Channel 4 News when you want

Latest Business & Money news

More News blogs

View RSS feed

Vauxhall not for sale

Vauxhall (Credit: Reuters)

Workers at two Vauxhall plants face an uncertain future.

Postal strike

A pillar box (picture: Reuters)

Which people are affected most by the CWU walkout?

The price of being green

image

Would you pay green taxes to combat climate change?

Windows v the internet?

A Windows logo (picture: Getty Images)

Are online applications the biggest competition for Windows 7?

Faisal Islam on Twitter

faisalislam

interviewing chancellor now, you have 2 minutes to suggest a question

This week

Follow us

How to tweet

How and why to follow the Channel 4 News family on Twitter.

Week in pictures

credit: Reuters

A selection of the best pictures from around the world.




Channel 4 © 2009. Channel 4 is not responsible for the content of external websites.