Inflation Hits a 5-Month High! Here Are the UK Shares that Could Benefit
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LONDON - Inflation in Britain accelerated in August, reaching its highest level in five months and the second highest this year, the British Statistics Office said on Wednesday, the data published by the DPA agency and the tradingeconomics portal.
The United Kingdom's inflation rate accelerated during August with rising energy costs, the highest in five months, according to official data released today, Wednesday, before the planned Bank of England meeting tomorrow, at which interest rates are expected to remain unchanged. Markets are priced at about one third of the prospect of the Bank of England raising interest rates by 25 basis points [...] The article accelerates inflation in the UK…
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