UK annual inflation surged to 2.2% in July -Official

UK annual inflation surged to 2.2% in July -Official

British annual inflation rose back above the Bank of England’s target in July, official data showed on Wednesday. The Consumer Prices Index rose 2.2 per cent last month, compared with a 2.0-per cent gain in June, the Office for National Statistics said in a statement It means overall prices are rising faster than the Bank

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