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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.
While a post-pandemic burst of inflation has abated across much of the developed world, the UK is still stuck with the ...
UK inflation rose unexpectedly in July, led by energy and airfares, but core pressures remain nuanced. Markets signal BoE may ...
British inflation hit its highest in 18 months in July when it increased to 3.8% from 3.6%, official data showed on Wednesday ...
UK inflation climbed for a second month in July, adding pressure on the Bank of England to reconsider its pace of ...
UK inflation rose to 3.8 per cent in July, up from 3.6 per cent in June, keeping the rate stuck at its highest level ...
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 ...
By contrast, Eurozone inflation held steady in the same month at 2 per cent, according to separate data from Eurostat, the EU’s statistics agency, with a reading of just 0.9 per cent in France. The ...
1don MSN
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, official figures showed Wednesday, which has ...
Gilts broke out of a week-long slide on Wednesday, surging despite a hot inflation number that threatens to slow the pace of ...
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