Daily Management Review

Living Cost In The UK Has Eased Out


The price drop in various markets has led to the decrease in living cost in the United Kingdom.

The beginning of the 2016 brings good news to the UK dwellers as the cost of living in the United Kingdom has just come down further. The said decrease is the result of the price decline in footwear, clothing along with the price drop in household equipments and furniture.
The price index of consumer came crumbling down by “0.8%” in the month of January on month to month basis, while the year to year index gained “0.3%”, reported the “Office for National Statistics”.
However, according to the expectation of the economists, the fall was forecasted at “0.7%” on the month scale as oppose to a rise of “0.3%” on the yearly index.
Comparing the monthly movement ratio, the biggest fall came about in the clothing and footwear sectors which fell by “(-3.1%)”, while the transport and household equipment market dropped by “(-2.0%)” and “(-2.5%)” respectively.
The Digitallook also informs that:
“Core-inflation, defined as the CPI minus energy, food, and alcoholic beverages fell by 1.0% over the month, with the year-on-year rate of increase sliding from 1.4% to 1.2%”.


Science & Technology

Facebook may start production of its own microprocessors

Long-Term Alcohol Monitoring Could Be Possible With A New Injectable Chip Developed By U.S. Researchers

Sweden Now Has The First Electrified Road In The World

Over 270,000 Account Globally Banned From Twitter For Promotion Of Terrorism

Device Capable Of Hearing The Inner Voice Developed By Researchers

New mobile technologies will warn about natural disasters

The brewing industry welcomes blockchain

Asset-Sharing App Of Ryder Is Meant For Commercial Vehicles

Credit Suisse: China will become the leader in AI sphere

Five new technologies that will change the world

World Politics

World & Politics

Debates over Google are heating as a new EU directive is about to be introduced

Will Merkel accept Macron's plans for Europe?

USA and China are pushing North Korea to denuclearization

Germany's dilemma: Will the atomic energy win?

A Forceful Response To Syria Attack Will Be Given By U.S.: Trump

Is Trump’s Maximum Pressure Tactic On North Korea Succeeding Because Of China?

Why are Turkey-EU relations moving back?

Record-Breaking $39 Million raised for Rare Cancer Research in 2018 by Cycle for Survival