Inflation rises for the first time since December 2023

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Inflation rises for the first time since December 2023

Inflation rose above target to 2.2% in July, official data shows.

The rise from target 2% is the first upward movement since December 2023.

It was slightly under what economists polled by Reuters had forecast which was a rise to 2.3%.

Read the latest: https://news.sky.com/story/money-news-latest-inflation-mortgages-personal-finance-interest-rates-blog-13040934

#inflation #interestrates #skynews

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Date: August 14, 2024