City AM
City AM
UK · 1 hrs ago

Sticky inflation expected to inch up again

Inflation remained stuck above the Bank of England’s target rate despite government promises to tackle the cost of living.  The Office for National Statistics said consumer price index (CPI) inflation was 2.6 per cent in the year to June. Analysts predicted the price growth reading to be 2.7 per cent, lower than the 2.8 per…
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