25-April-2024
Economy News
 
UK inflation rockets to 3.2% in biggest leap on record
15-Sep-2021

British inflation surged last month to its highest level since March 2012, official data showed on Wednesday. Consumer prices rose by 3.2% in annual terms after a 2.0% rise in July, marking the sharpest increase in the annual rate since detailed records started in 1997. A Reuters poll of economists had pointed to a reading of 2.9% for August. (Reporting by Andy Bruce; Editing by Kate Holton)

News Source:- https://www.reuters.com/article/britain-economy-inflation/uk-inflation-rockets-to-3-2-in-biggest-leap-on-record-idUSL9N2PI013