Inflation Warning Lights Flashing - Cambridgeshire Chambers of Commerce
Summary by Cambridgeshire Chambers of Commerce
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Inflation Warning Lights Flashing - Cambridgeshire Chambers of Commerce
Reacting to the latest inflation data published by the ONS this morning, Stuart Morrison, Research Manager at the British Chambers of Commerce said: “The inflation warning lights continue to flash, with July’s rate being slightly higher than most analysts had forecast. Prices are now rising at the fastest rate since the start of 2024, with little sign that inflation will be near the Bank’s target of two per cent anytime soon. “Our surveys show i…
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