UK CPI inflation rose from 2.4% to 2.7% in May, according to the Office for National Statistics, a larger than expected rise driven by transport and clothing costs.
Almost all FTSE100 firms increased the discount rate for IAS19 liabilities due to the yield on AA corporate bonds, research from Barnett Waddingham finds.
UK CPI inflation has fallen to 2.4% in April, a larger-than-expected drop from the 2.8% figure recorded in March.
The consumer prices index (CPI) was unchanged at 2.8% in March, while the retail prices index (RPI) rose slightly to 3.3%, according to the Office for National Statistics (ONS).
The Office for National Statistics' decision to downgrade the status of the retail prices index and publish two additional inflation measures could lead to the index being dropped, warn consultants.
The vast majority of respondents to the National Statistician's consultation on the retail prices index called for no change because of fears over the impact of any alteration on savings.
Premier Foods will use the consumer prices index to calculate benefits in its RHM Pension Scheme following a 66% spike in overall deficits, its 2012 results show.
In the latest of PP's series of Scheme Excellence interviews, Jonathan Stapleton talks to Allan Heron of United Utilities Pension Scheme about changes that have been made over the past year.
The gap between the Retail Prices Index and Consumer Prices Index widened to 0.6 percentage points in January, according to latest figures from the Office for National Statistics.
John Redwood looks into the problem of filling bigger deficits in the face of potential increases in inflation.