U.K. #3

Unemployment in U.K. in mid-january of 2012 was about 8.3%, 2.67 million people. And 1.3million people were underemployed, meaning that they were in part-time work but unable to find full-time work. 

The graph above shows the drastic change in unemployment rate in 2008 and since then, the unemployment rate remained high, about 8%. Also, the CPI inflation rate was the highest at 2008, reaching nearly 5%. After than, the inflation rate is changing drastically, going down to 1.5% in 2009, and increasing since then. 

There are few causes of inflation. Inflation is caused when there is too much money in circulation, when there is more demand for goods than can be met by the available supply, and when the workers' wages, raw material prices, and import prices increase.

http://www.economicshelp.org/blog/1622/inflation/inflation-rates-in-uk/

http://whatisinflation.uk.com/

U.K. #2

The rate of CPI inflation rose to 2.7% in October of 2012, up from 2.2% the month bebefore.

CPI 2012

CPI long-term

The inflation rate of U.K. was about 2.7% in December of 2012. Historically, from 1989 to 2012, the U.K.  inflation rate averaged 2.81%, reaching an all time high of 8.5% in April of 1991 and a record low of .5% in May of 2000.

There are few opinions on what causes the inflation. Some view that inflation is caused when there is too much money in circulation. Some say that the inflation is purely caused by more demand for goods than can be met by the available supply. And the last cause can be number of factors, including increases in workers’ wages, increase in raw material prices, and increase in import prices.

http://www.tradingeconomics.com/united-kingdom/inflation-cpi

http://whatisinflation.uk.com