106 Articles
106 Articles
UK inflation jumps to 10.4%, surprising analysts
Britain’s inflation rate rose for the first time in four months in February, surprising analysts and increasing pressure on the Bank of England to raise interest rates at its meeting on Thursday. The consumer price index jumped to 10.4% in the 12 months through February from 10.1% the previous month,…
Inflation jumps to 10.4 per cent after falling for three months
Inflation has unexpectedly jumped to 10.4 per cent after dropping for three consecutive months, the Office for National Statistics (ONS) has confirmed. It comes after vegetable shortages pushed food prices to their highest rate in more than 45 years. Many economists were expecting CPI to fall to 9.9 per cent in February. Data indicated that rising prices of drinks in pubs and restaurants also drove inflation higher. Chancellor Jeremy Hunt said: …
UK inflation jumps to 10.4%, surprising analysts
U.K. inflation accelerated for the first time in four months in February as high food and energy prices hit consumers battered by the nation’s cost-of-living crisis. The consumer price index jumped to 10.4% in the 12 months through February from 10.1% the previous month, the Office for Nationa...
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