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UK inflation rises by more than expected to 3.8%, largely driven by air fares
Economists expected inflation to rise to 3.7%, though the Bank of England forecast for July inflation was 3.76%, slightly higher than consensus. Inflation in the UK has risen to an unexpected 3.8%, the Office for National Statistics says.
Markets ended last week largely unfazed by a hotter wholesale inflation print and signs of firming consumer prices, but some ...
The British pound rose marginally against the dollar and euro on Wednesday after data showed inflation hit its highest in 18 ...
The chancellor will have a particular eye on food inflation because people are especially sensitive to grocery price rises.
Economists predicted that inflation would start to increase in the second half of the year, but an increase of 0.5% is a bit ...
South Africa's consumer price inflation rose to 3.5% year-on-year in July, driven to its highest level since September 2024 ...
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 expects the rate, which measures how quickly prices are rising, to peak at 4% in September.
Britain's FTSE 100 held steady on Wednesday as gains in consumer and healthcare sectors offset losses in energy and mining ...
In July, headline consumer price inflation in the UK rose at an annual rate of 3.8 per cent, above market expectations of a 3.7 per cent rise and stronger than June’s 3.6 per cent increase. It was in ...
According to Bankrate, inflation has climbed 22.7 percent since 2021, while Americans' wages have risen just 21.5 percent.
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