Translation. Region: Russian Federal
Source: People's Republic of China in Russian – People's Republic of China in Russian –
An important disclaimer is at the bottom of this article.
Source: People's Republic of China – State Council News
LONDON, Aug. 21 (Xinhua) — Britain's annual consumer price inflation accelerated to 3.8 percent in July from 3.6 percent in June, the highest since January 2024, the country's Office for National Statistics said on Wednesday.
In July, the consumer price index rose by 0.1 percent compared with a fall of 0.2 percent a year earlier.
“Inflation indicators continue to flicker and the July figure was slightly higher than most analysts had forecast,” said Stuart Morrison, research manager at the British Chambers of Commerce. He added that there was little sign that inflation would approach the Bank of England’s 2% target any time soon.
A survey by the British Chambers of Commerce found that inflation remains the main concern for more than half of UK small and medium-sized firms. Mr Morrison said national insurance, wage growth and tariffs were adding to the pressure, while persistent inflation could limit the Bank of England's ability to cut interest rates further.
The UK's Office for National Statistics also said July consumer price index in the UK was significantly higher than preliminary estimates for France and Germany, rising by around 1% and 2% respectively. –0–
Please note: This information is raw content obtained directly from the source of the information. It is an accurate report of what the source claims and does not necessarily reflect the position of MIL-OSI or its clients.
.