June figure is highest level since August 2018 and above analysts’ forecasts

Britain’s inflation rate has risen to 2.5% – its highest level in almost three years – after the easing of coronavirus lockdown restrictions prompted rising demand.

The Office for National Statistics (ONS) said dearer food, secondhand cars, clothing and footwear and fuel prices were the main factors behind a jump in the annual inflation rate from 2.1% to 2.5% in June.

Continue reading…

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

‘We want it to come alive’: architect’s plan to transform Notre Dame area

Bas Smets’ project, featuring trees and a cooling system, aims to create…

As a women’s rights lawyer, here’s my manifesto for fixing Britain’s broken system | Harriet Wistrich

The attitudes of prosecutors and judges towards women are as bad as…

Nancy Sinatra: ‘I’ll never forgive Trump voters. I hope the anger doesn’t kill me’

She may be 80 and cut off by Covid, but she’s still…