UK Inflation Picks up After July Surge in Household Energy Bills
Most forecasts put Consumer Prices Index inflation at 2.9%, with the Ofgem cap rise alone expected to add 0.5 percentage points, economists said.
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Watch UK Economy: Inflation Accelerates as Energy Bills Surge
UK consumer prices climbed to a four-month high after energy bills rose, ending a short period of respite for hard-pressed British households. Matt Bunny of Bloomberg Economics has the details.
UK inflation jumps to 2.9 per cent after £221 energy bill hike
UK inflation jumps to highest level since March in fresh challenge for Andy Burnham . UK inflation jumped to 2.9 per cent in July, dealing households a fresh blow after the energy price cap pushed average annual bills up by £221
UK inflation picks up after July surge in household energy bills
LONDON, Aug 19 (Reuters) - British inflation rose last month as expected to reach its highest rate since March, pushed higher by an increase in household energy bills after a 13% increase in a price cap set by regulator Ofgem. Annual consumer price i...
Energy price cap hike set to send July inflation surging
Most experts are forecasting that CPI inflation will rise to 2.9% in July, up from 2.6% in June.
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