
L2K
2K posts

L2K
@L2kFootball
Sports and finance. Investor. Hobbyist. Sorare. Stocks FC. Football £ platformer!


Inflation jumped in July, official data has suggested, creating a dilemma for Bank of England officials ahead of the central bank’s next policy meeting in September. The Office for National Statistics (ONS) said consumer price index (CPI) inflation hit 3.8 per cent in the 12 months to July, which is on par with the Bank of England’s estimate earlier this month of 3.8 per cent. Services inflation was five per cent while core inflation was 3.8 per cent. A Bloomberg poll of economists said inflation would hit 3.7 per cent in the year to July. High price growth was driven by a “hefty increase” in air fares, which saw the most considerable July rise since 2001. Read the full story here 👇 bit.ly/3UBHWxX






















