Annual rate in July climbs back above Bank of England target of 2%, ONS figures showBritain’s annual inflation rate rose to 2.2% last month – its first increase since December last year.Figures from the Office for National Statistics (ONS) showed that the government’s preferred measure of the cost of living climbed again after two months at its 2% target. Continue reading…
Source link : https://www.theguardian.com/business/article/2024/aug/14/uk-inflation-rises-bank-of-england
Author : Larry Elliott Economics editor
Publish date : 2024-08-14 08:01:22
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