Today news
About the same in other media
Hotter than expected UK inflation dampens June rate cut hopes
Reading now: 355
Economists had forecast the Consumer Price Index to drop to 2.1% for the month, a sharp drop from 3.2% in March. On a monthly basis, CPI rose by 0.3% in April 2024, compared with a rise of 1.2% in April 2023, according to data from the Office for National Statistics. Falling gas and electricity prices caused the largest downward contributions to the monthly change in both CPIH and CPI annual rates, the ONS said. Meanwhile the largest, partially offsetting, upward contribution came from motor fuels, with prices rising this year but still down over 12 months. BoE's Ben Broadbent: ...
To continue reading this article...
Join now
Login
Read more on investmentweek.co.ukAbout this in other media
Columbia Threadneedle-backed distressed REIT eyes 17 June listing date investmentweek.co.uk /5 months ago
Shop price inflation falls to lowest level since November 2021 investmentweek.co.uk /5 months ago
Oil prices steady as investors await inflation data, OPEC+ meeting economictimes.indiatimes.com /5 months ago
Show more
The website fvbb.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
