U.K Inflation is Higher than Expected at 8.7%

Submitted by upworksadaf | June 1, 2023, 19:16:44 | Blog

U.K Inflation is Higher than Expected at 8.7% recently and it is going to be a very big problem for The Bank of England to tackle it.

This is happening for the last few months consistently that inflation is rising and it is more than the predictions for the last three months consecutively.

For the month of April 2023, economists surveyed by Reuters and it was predicted that the inflation to fall to 8.2%. Similarly, the Bank of England expected it to fall to 8.4%.

Source: https://thenewstoday24.com/u-k-inflation-is-higher-than-expected-at-8-7/

Tags: Economy, Inflation, Interest Rate, UK
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