NewsBot
17-Jan-24, 17:40
The Caithness Business Index (http://www.caithness-business.co.uk) has posted the following article:
First Bump In Falling Inflation Road Arrives, As Tobacco And Air Fares Disrupt Pattern Of Faster Than Expected Inflation Drops
https://caithness-business.co.uk/image_cache/na22510_tn.jpg
CPI inflation increased slightly in December to 4.0 per cent - driven by an increase in Tobacco Duty and rising air fares - though it remains below the Bank's forecast path, the Resolution Foundation said today (Wednesday 17 January 2024). While the reasons for the rise were UK specific, the arrival of the first bump in the lower inflation road follows a similar pattern to that seen across the US, Germany and France with a surprise rise in inflation in December, with CPI inflation rising to 4.0 per cent. [Read Full Article (https://caithness-business.co.uk/article/22510)]
First Bump In Falling Inflation Road Arrives, As Tobacco And Air Fares Disrupt Pattern Of Faster Than Expected Inflation Drops
https://caithness-business.co.uk/image_cache/na22510_tn.jpg
CPI inflation increased slightly in December to 4.0 per cent - driven by an increase in Tobacco Duty and rising air fares - though it remains below the Bank's forecast path, the Resolution Foundation said today (Wednesday 17 January 2024). While the reasons for the rise were UK specific, the arrival of the first bump in the lower inflation road follows a similar pattern to that seen across the US, Germany and France with a surprise rise in inflation in December, with CPI inflation rising to 4.0 per cent. [Read Full Article (https://caithness-business.co.uk/article/22510)]