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UK inflation rate rises to 2.2%, first increase of year

August 14, 2024 by admin
Hindenburg Report: Why Indian market regulator Sebi is in the spotlight

Getty Images The UK inflation rate has risen for the first time this year, Official figures show. Overall prices rose 2.2% in the year to July, slightly above the Bank of England’s 2% target, which had been in place since May. The increase was expected, as gas and electricity prices fell less than a year … Read more

Categories Uncategorized Tags Increase, inflation, rate, rises, year Leave a comment

UK inflation rises less than expected to 2.2% in July

August 14, 2024 by admin
UK inflation rises less than expected to 2.2% in July

Stay informed with free updates Simply register on the Inflation in the UK myFT Digest – delivered straight to your inbox. UK inflation rose less than expected to 2.2 percent in July as underlying price pressures fell sharply, opening the door to further interest rate cuts by the Bank of England this year. The annual … Read more

Categories Uncategorized Tags expected, inflation, July, rises Leave a comment

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