Wednesday, December 18, 2024

#UK #Economy - Inflation Hits Eight-Month High: Bloomberg

18 December 2024

UK inflation rose to an eight-month high in November, drifting further above the Bank of England’s 2% target. The consumer prices index increased 2.6% annually, up from 2.3% in October, the Office for National Statistics said on Wednesday.

Dan Hanson from Bloomberg Economics breaks down the situation and what it may mean for the BOE ahead of Thursday's interest-rate decision.


Stock market today: Live coverage from Yahoo Finance

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