UK Inflation 1%
UK Inflation 1%

UK Inflation 1%

UK Inflation 1%

British inflation recorded its biggest jump in two years last month, setting the tone for a steep rise in prices over the coming year as sterling’s post-Brexit plunge squeezes household finances, CNBC reported. Annual consumer price inflation rose to 1% in September from 0.6% in August—a leap not seen since June 2014, official figures showed on Tuesday. The rate of inflation was its highest since November that year. There was no direct evidence that sterling’s near 20% slide against the US dollar since the referendum decision to leave the European Union was the driver of September’s price jump, the Office for National Statistics said.

Short URL : https://goo.gl/jPsEdq
  1. https://goo.gl/5bEh2U
  • https://goo.gl/LYW47U
  • https://goo.gl/gqwhWT
  • https://goo.gl/UiTcCk
  • https://goo.gl/LDI98l

You can also read ...

Big Data, Online Markets Can Lead to Higher Prices
Information technology is not just transforming markets; it is...
Air India Sale Hangs in Balance
Uncertainty hangs over the Indian government's plans to sell...
Liu He (L) and Steven Mnuchin after the joint statement to avoid a trade war.
With "minutes to midnight", the great US-China trade war...
Italy could set the stage for the bloc’s next crisis if it delivers on its tax-cutting and high-spending policies.
Capital investment in 24 of the EU’s 28 member states has...
Bangla Trade Deficit Doubles
Bangladesh’s trade deficit has almost doubled within 12 months...
A meeting of eurozone finance ministers is set for June 21.
Greece’s creditors have agreed a program of reforms as the...
Egypt Gets Bids for Power Plant
Egypt next week will announce the winning consortium to build...
Cumulative gross financing needs could amount  to $69.3 billion for 2018 for the six-nation group.
While public debt levels remain at manageable levels for most...

Add new comment

Read our comment policy before posting your viewpoints