The UK's rate of inflation held steady at 3.8% in the 12 months to August, the Office for National Statistics has announced.
The Organization for Economic Co-operation and Development (OECD) raised its forecast for UK inflation - the rate at which ...
While a post-pandemic burst of inflation has abated across much of the developed world, the UK is still stuck with the highest price growth among big Western economies.
Economists from the Organisation of Economic Co-operation and Development (OECD) predict that UK inflation will surge, with ...
The Bank of England has held its main interest rate at 4% as U.K. inflation concerns weigh on policymakers. The decision was ...
Prices in the UK rose by 3.8% in the year to August, matching the rate recorded in July. It means inflation remains well ...
Bond giant Pimco is betting on a fall in UK inflation that will allow the Bank of England to cut interest rates further than the market currently expects, arguing that there is “nothing that special” ...
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UK braces for highest inflation among major economies this year
Britain is set to experience the highest level of inflation among major economies this year, coupled with slowing growth, a combination that will put mounting pressure on household budgets.
The Bank of England holds rates as it seeks to tackle inflation, which remains well above above its 2% target.
Official figures from the Office for National Statistics (ONS) show food and drink prices rose by 5.1% in the year to August, ...
Inflation in the U.K. held steady at 3.8% in the year to August, a day before the Bank of England is widely expected to keep ...
This was the level that most economists had been expecting, although the cost of the weekly food shop continues to rise. The ...
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