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UK inflation rises by more than expected to 3.8%, largely driven by air fares
This increase was mainly driven by soaring air fares - which jumped by 30.2% - driven by higher school holiday prices - here's why. Meanwhile, food price inflation rose to 4.9% driven by higher prices for goods including beef, instant coffee and orange juice.
UK inflation climbed for a second month in July, adding pressure on the Bank of England to reconsider its pace of ...
The Bank of England currently expects inflation to hit 4% in September, the all-important month for pensioners. Wage growth ...
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Sharp rise in airfare and food costs pushed UK inflation higher in July, denting rate cut hopes
Higher food and airfare prices pushed U.K. inflation above expectations in July. The development has tempered market ...
British inflation looks set to hit 4% next month, double the Bank of England's target and a level likely to add to ...
Stubborn inflation in UK, 3.8% in twelve months to July with air fares, fuel and food prices leading
The U.K.’s annual inflation rate was higher than expected at 3.8% in July, according to data released by the Office for National Statistics (ONS) on Wednesday. Most economists had anticipated ...
Tomorrow, the UK will provide an update on inflation rates. In June, the consumer price index (CPI) hit 3.6% in the 12 months ...
The British public's short-term inflation expectations remain unchanged at 4% in August, according to a survey published on ...
Annual inflation rose to an 18-month high, increasing the chance that BOE policymakers might hold off from cutting rates in ...
UK inflation rose again last month to higher than expected to 3.8%, amid food price hikes and travel costs.The latest figures from the Office for National Statistics have shown that inflation ...
The yield on long-dated inflation-linked UK government bonds surpassed the highs seen during the gilt-market meltdown three ...
UK inflation rose unexpectedly in July, led by energy and airfares, but core pressures remain nuanced. Markets signal BoE may ...
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