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inflation, Bank of England
UK inflation surges above Bank of England's 2% target, curbing December rate cut expectations
The hike marks a sharp increase from the 1.7% rise recorded in September and exceeds the 2.2% forecast of economists polled by Reuters.
Inflation soars back above Bank of England target in sharpest spike for two years
Inflation
has rebounded back above the Bank of
England
’s 2 per cent target, driving up the cost of living at an accelerated rate. Having hit a 41-year high of 11.1 per cent in 2022, consumer price
inflation
(CPI) had dropped to a three year low of 1.7 ...
Inflation jumps back above Bank of England’s target
Inflation has risen back above the Bank of England’s two per cent target, the latest data has shown today. According to the latest figures from the Office for National Statistics (ONS) consumer price inflation (CPI) hit 2.
londonlovesbusiness.com
4d
Inflation set to rise above Bank of England’s target amid higher energy prices
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2d
UK inflation jumps to 2.3%, underscoring BoE's stance for gradual rate cuts
British inflation jumped by more than expected last month to rise back above the Bank of England's 2% target and underlying ...
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