The National Institute of Economic and Social Research (NIESR) said the move to trigger Article 50 could hit growth further in 2017.Read the full story ›
Consumers are being hit by a rise in the cost of living as inflation leaped to a 22-month high of 1% in September.Read the full story ›
The Governor of the Bank of England has said inflation will rise on products such as food because of the fall in the value of the pound.Read the full story ›
The rate of inflation remained steady in August as rising food prices and air fares were offset by a slip in the cost of clothing, wine and hotels.
The Office for National Statistics has announced the rate of Consumer Price Index inflation remained at July's level of 0.6% in August.
The ONS also recalculated a dip in the rate of the rise in house prices through 2016 so far and noted an increase in the average cost of house prices in July.
The ONS said there was "little sign" of the post-Brexit plunge in the value of the pound being passed through to consumer prices.
However, the Producer Prices Index was impacted by the sterling slump, with input prices rising 7.6% in the year to August and imported material prices climbing by 9.3% over the period.
July's inflation figures - the first guide to how the post-Brexit fall in the pound's value is affecting the cost of living in Britain - were up on the previous month.
There has been an insignificant rise in consumer price inflation, but in order to get a real sense of where prices might be heading, focus should be directed at the Producer Price Index, which tracks what manufacturers pay for materials.
ITV News Economics Editor Noreena Hertz explains:
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Chancellor George Osborne said zero inflation was driven by falling petrol and food prices, meaning it is "good news for families".
Inflation fell to zero last month setting the UK on course for a period of falling prices for the first time in half a century.
The Consumer Price Index measure of inflation dropped after recording 0.3% in January, according to the Office for National Statistics.
ITV News Consumer Editor Chris Choi reports.