UK inflation rises to 3% in January on higher transport and food costs
The UK’s inflation rate unexpectedly surged to 3% in January, surpassing analyst expectations and raising concerns about the pace of future interest rate cuts. Data from the Office for National Statistics (ONS) on Wednesday showed a sharp rise from December’s 2.
UK inflation expected to rise to 2.8%
The rate of UK inflation is expected to rise when January’s figures are published this morning, partly driven by a bounce in airfares and the introduction of VAT on private school fees
UK inflation rises to 3% in January
UK inflation rose more than expected to 3 per cent in January, highlighting the challenge for the Bank of England as it contends with persistent price pressures and a weakened economy. The annual rate of price growth was above the 2.
UK annual inflation jumps more than expected
Britain's annual inflation rate rose more than expected last month, official data showed Wednesday, adding pressure to the Labour government which is also facing sluggish economic growth.
UK inflation leaps to higher-than-expected 3% in January
U.K. inflation rose to 3% in January, coming in above analyst expectations, according to data released by the Office for National Statistics on Wednesday. Economists polled by Reuters had expected a January reading of 2.
UK inflation reaches highest level in 10 months as it jumps to 3 per cent
The rate of Consumer Prices Index (CPI) inflation rose to 3% in January from 2.5% in December, the Office for National Statistics (ONS) said
UK inflation jumps to 10-month-high of 3%
UK inflation jumped to its highest level for 10 months in January, according to new official figures. Plane fares, rising food costs and a sharp jump in private school fees all helped push inflation higher.
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