Inflation

Annualised house price inflation has been cut in two over the past month after house prices fell nationally, according to latest figures from the Office of the Deputy Prime Minister.

Sales of index-linked savings certificates issued by National Savings & Investments have been going for thirty years today.

Monthly inflation is 67% higher for over-75s running a household compared with people aged under 30, a new study indicates.

Inflation figures and noises from the great and good of the Bank of England suggest more than ever that interest rates may have peaked.

UK house prices increased by 2.1% between February and March, indicates the latest report from the Office of the Deputy Prime Minister.

Property search services provider Propertyfinder.com says its April survey of househunters reveals a sharp drop in confidence on the basis deflation will hit the market in the coming 12 months.

Slowing retail sales are the topic of two of this morning's papers with the Scotsman reporting an unexpected fall in sales in March, sparking speculation the feared consumer slowdown may now be taking hold.

INFLATION COCERNS dominate several of this morning's papers with many reporting that an increase in interest rates in May seems ever more likely.

The Liberal Democrats have launched a ten-point action plan to tackle household and consumer debt which, among other ideas, calls on the FSA to investigate mortgage payment protection insurance.

UK inflation is likely to rise in the medium to long term, suggests Legal & General, because the cost of global purchasing is likely to rise eventually, along with higher wage demands.