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UK inflation rises by more than expected to 3.8%, largely driven by air fares
This increase was mainly driven by soaring air fares - which jumped by 30.2% - driven by higher school holiday prices - here's why. Meanwhile, food price inflation rose to 4.9% driven by higher prices for goods including beef, instant coffee and orange juice.
Stubborn inflation in UK, 3.8% in twelve months to July with air fares, fuel and food prices leading
The U.K.’s annual inflation rate was higher than expected at 3.8% in July, according to data released by the Office for ...
UK inflation rose unexpectedly in July, led by energy and airfares, but core pressures remain nuanced. Markets signal BoE may ...
The Bank of England currently expects inflation to hit 4% in September, the all-important month for pensioners. Wage growth ...
Transport was the biggest factor driving up overall inflation in July, particularly due to a spike in flight prices as ...
The collection window for last month’s figures was “on or around 15 July”, while school summer holidays in England began on 23 July (eight days later) this year. Last year, collection was “on or ...
Gilts broke out of a week-long slide on Wednesday, surging despite a hot inflation number that threatens to slow the pace of ...
The U.K.'s annual inflation rate hit a hotter-than-expected 3.8%in July, according to data released by the Office for ...
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