Inflation, Economics, Economic policy, UK cost of living crisis, Interest rates, Business, UK news, Economic growth (GDP) Business | The Guardian
Figure is above Bank of England target after energy bills push up pricesBusiness updates – liveInflation increased to 2.3% in October, heaping pressure on the Bank of England to delay further interest rate cuts until next year.Figures released by the Office for National Statistics (ONS) on Wednesday showed that a rise in energy bills pushed up the consumer prices index (CPI), reversing a downward trend this year in inflation, which was 1.7% in September. Continue reading…
Figure is above Bank of England target after energy bills push up prices
Inflation increased to 2.3% in October, heaping pressure on the Bank of England to delay further interest rate cuts until next year.
Figures released by the Office for National Statistics (ONS) on Wednesday showed that a rise in energy bills pushed up the consumer prices index (CPI), reversing a downward trend this year in inflation, which was 1.7% in September.
