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Interest rate rise expected after UK inflation shock

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작성자 스타트업 작성일 23-06-21 13:53 조회 400회 댓글 0건

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Interest rates are expected to rise again after UK inflation remained stuck at a much higher level than expected for the fourth month in a row.

Inflation, which tracks prices rises, was 8.7% in May, the same as in April.

The shock figure was driven by higher prices for flights and second-hand cars but supermarket food prices also continued to rise rapidly.

Interest rates are widely expected to rise by 0.25% to 4.75% on Thursday but some suggest they could now rise to 5%.

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