InfoAfrik.com

Reliable Africa & Global News…

Investors raise bets on September interest rate cut after UK inflation rises by less than expected – business live

UK inflation has risen to 2.2%, less than feared, but the first increase of 2024

UK inflation rises to 2.2% in first increase since December

Although inflation has picked up, we’re a long way from the dark days of October 2022, when prices were soaring by 11% per year.

Encouragingly, UK manufacturers raised their prices at a slower rate in July.

Continue reading…

About Author

Subscribe To Our Newsletter