Home » UK inflation rises to 2.2%, in first increase of the year – business live

UK inflation rises to 2.2%, in first increase of the year – business live

Rolling coverage of the latest economic and financial news, including the latest UK inflation report

First UK inflation increase of year forecast in setback for Bank of England

Although inflation has picked up, we’re a long way from the dark days of October 2022, when prices were soaring by 11% per year.

Encouragingly, UK manufacturers raised their prices at a slower rate in July.

Continue reading… The Guardian Read More Rolling coverage of the latest economic and financial news, including the latest UK inflation reportFirst UK inflation increase of year forecast in setback for Bank of EnglandAlthough inflation has picked up, we’re a long way from the dark days of October 2022, when prices were soaring by 11% per year.Encouragingly, UK manufacturers raised their prices at a slower rate in July. Continue reading…