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inflation, Bank of England
Shock inflation rate rise kills hope of Christmas Bank of England base rate cut
The bigger than expected inflation rate rise in November – up from 1.7 per cent to 2.3 per cent – has killed hopes of a Bank of England cut in the base rate in December, according to finance experts.
Inflation soars back above Bank of England target in sharpest spike for two years
Inflation
has rebounded back above the Bank of
England
’s 2 per cent target, driving up the cost of living at an accelerated rate. Having hit a 41-year high of 11.1 per cent in 2022, consumer price
inflation
(CPI) had dropped to a three year low of 1.7 ...
Inflation rises above Bank of England target again - what it means for your money
Inflation shows how the price of goods and services has changed over time, with the Consumer Price Index (CPI) being the primary measure
3d
on MSN
Inflation set to rebound after jump in energy bills
Data is expected to show a significant rebound in inflation in October after it dropped to a three-year low in the previous ...
2d
UK inflation jumps to 2.3%, underscoring BoE's stance for gradual rate cuts
British inflation jumped by more than expected last month to rise back above the Bank of England's 2% target and underlying ...
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