UK inflation rises to 5-month high, further pressuring Bank of England to raise rates this year
Headline from WTOP Washington DC
LONDON (AP) — Inflation in the United Kingdom rose to a five-month high as the aftershocks of the Iran war continued to ratchet up fuel prices, official figures showed Wednesday, an increase that will pressure the Bank of England to hike interest rates again over coming months.
WTOP Washington DC's own description from its feed. We collect headlines and these descriptions, not full articles; read the original reporting below.
UK inflation climbed for a second month as motor fuel prices jumped, according to official figures a day before the Bank of England announces its interest-rate decision.
Inflation accelerated again in August to its highest level since March, keeping price pressures well above the Bank of England’s target ahead of a rate decision on Thursday.
LONDON (AP) — Inflation in the United Kingdom rose to a five-month high as the aftershocks of the Iran war continued to ratchet up fuel prices, official figures showed Wednesday, an increase that will pressure the Bank of England to hike interest rates again over coming months.
Identical headlines usually mean shared wire copy. They are counted as separate articles but are not independent confirmation.
UK inflation rises to 5-month high, further pressuring Bank of England to raise rates this year | Since Then