Britain’s annual rate of consumer price inflation remained at 3.8% in September, below expectations, official figures showed on Wednesday. Most economists polled by Reuters and the Bank of England had forecast that the headline measure of inflation would rise to 4.0% after holding at 3.8% in August and July. British inflation will be the highest…
British consumer price inflation increased to 3.8% in July from 3.6% in June, official data showed on Wednesday. The Bank of England had forecast headline inflation would rise to 3.8% while economists polled by Reuters had mostly expected a rate of 3.7%. The BoE lowered interest rates this month but only after a close 5-4…
Britain’s annual rate of consumer price inflation unexpectedly rose to its highest in over a year at 3.6% in June, up from 3.4% in May, above economists’ expectations in a Reuters poll for the rate to remain unchanged, official figures showed on Wednesday. British inflation has risen steadily since touching a three-year low of 1.7%…