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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.
UK inflation rose unexpectedly in July, led by energy and airfares, but core pressures remain nuanced. Markets signal BoE may ...
Prices in the UK rose by 3.8% in the year to July, driven mainly by a jump in the price of airfares coinciding with the ...
UK inflation climbed for a second month in July, adding pressure on the Bank of England to reconsider its pace of ...
Food price inflation also continues to climb, with items such as coffee, fresh orange juice, meat and chocolate seeing the ...
14hon MSN
Sharp rise in airfare and food costs pushed UK inflation higher in July, denting rate cut hopes
Higher food and airfare prices pushed U.K. inflation above expectations in July, official figures showed Wednesday, which has ...
The cost of food and non-alcoholic beverages rose 4.9% in the year to July, up from 4.5% in the year to June. It was the ...
The chancellor will have a particular eye on food inflation because people are especially sensitive to grocery price rises.
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 ...
Florian IeIpo, head of macro at Lombard Odier Investment Managers, discuss sticky inflation in the U.K. and why the situation ...
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