UK inflation stays steady at 2.8% despite Iran conflict driving up fuel prices
Published by WarSignal Editorial · Last updated
Flatlining figure confounds forecasts of an increase to 3% as Bank of England prepares to set interest rates UK inflation unexpectedly remained at 2.8% last month despite the Middle East war driving up energy prices, official figures have shown.
May’s annual price rise reading recorded by the Office for National Statistics confounded economists’ forecasts of a rise to 3%. Continue reading...
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