12-March-2026
Economy News
 
UK Inflation Could End 2026 at Around 3% if Energy Prices Hold, OBR's Miles Says
11-Mar-2026

Britain's inflation rate could end the year at around 3% rather than the roughly 2% rate assumed by the country's fiscal forecasters if energy prices stay at current levels, an official at the Office for Budget Responsibility said on Tuesday. "Material, significant, as yet not on the same scale as we experienced after the Russian invasion of Ukraine," David Miles, a member of the OBR's Budget Responsibility Committee told lawmakers.

News Source:- https://money.usnews.com/investing/news/articles/2026-03-10/uk-inflation-could-end-2026-at-around-3-if-energy-prices-hold-obrs-miles-says
 
 
 

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