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View Full Version : UK Sees Biggest Six-month Inflation Fall In Over Three Decades - But Bank Still Faces



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19-Aug-23, 19:00
The Caithness Business Index (http://www.caithness-business.co.uk) has posted the following article:

UK Sees Biggest Six-month Inflation Fall In Over Three Decades - But Bank Still Faces Big Battle To Tame Price Pressures




CPI inflation fell to 6.8 per cent in July - down from 7.9 per cent in June and 10.1 per cent in January - making it the sharpest six-month fall in inflation since September 1992. But UK inflation remains higher than elsewhere, and the Bank of England faces a tough task in taming it amid accelerating pay growth, the Resolution Foundation said today. [Read Full Article (https://caithness-business.co.uk/article/21035)]