BoE Unlikely to Stop Hiking as UK Inflation Remains High

Inflationary pressures in the UK are easing, although they remain the highest among the G7 countries, as sellers are in no hurry to cut prices. UK CPI fell 0.4% in July (-0.5% expected), the first decline since January. The year-over-year price growth rate fell to 6.8%, the lowest since February 2022. The Retail Price Index […]

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