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In the spring of 2024, London, a pound price tag on a pound price label on a grocery board in the Eastern street market in England.
Bloomberg | Bloomberg | Getty pictures
The British’s annual inflation rate hit 3.6% in June 3.6% in a hotter, according to the National Statistics (O ON) on Wednesday.
Economists, who were questioned by Reuters, wait 3.4% of inflation to June after hitting 3.4% in May.
The main inflation, which excludes more variable energy, food, alcohol and tobacco prices, can increase 3.7% per year, 3.5% per year.
The British pound rose to $ 1,3406 after release of the data, about 0.2% and $ 1,3406.
“Inflation is mainly this time this time this time this time, Richard Haasist operating in the chief economist this time,” Richard Heys, “information fuel prices inflation
“The food price has increased in a row since February last year in a row. However, in early 2023, it remains under the peak in early 2023,” he said.
British Finance Minister Rachel Reeves said that the data has shown that the “working people are struggling with the cost of living.”
Inflation information will be closely monitored by the British Bank, because it is trying to determine the trajectory for interest rates between stubborn high inflation and economic growth.
In the inflation environment, central banks usually prefer to maintain a higher interest rate to encourage more savings and less cost to slow price growth. Low Growth Environment of Britain – The latest information showed that the economy re-grew in May – but there is a concern for Boe.
Thus, economists are waiting for Boe politicians in the next 25 main points in the next meeting in August.
“Although the price increase is far from the target, the British economy resist for a second straight month, and continues to continue the Bank’s inflation in inflation and in August,” Adam Dishy sends e-mail on Wednesday.
“The release of tomorrow’s salary information can be moved to support an economy in need of the last major data before the next MPC meeting, which needs an economy in need of an increasing elevator.”