The UK's inflation rate rose to 3.6% in June, beating economists' expectations, and sterling appreciated slightly.
Sanziana Georgescu
Economy
sursa foto: unsplash.com
Always see our news on Google
UK annual inflation reached 3.6% in June, beating forecasts of 3.4%. Core inflation rose to 3.7%, with fuel prices weighing on the increase. The Chancellor of the Exchequer highlighted cost of living difficulties and the Bank of England may cut its benchmark interest rate amid a stagnating economy. Employment data will influence the central bank's future decisions.
Sources
Latest News
23:00
Claudiu Manda, the general secretary of the PSD, accuses Prime Minister Ilie Bolojan of lying and responsibility for the crisis in the healthcare system.
22:45
Ben Affleck won 1 million dollars on "Do You Want to Be a Millionaire?" The money will be donated.
22:35
The authorities in Tulcea County issued a RO-Alert message, and two F-16 aircraft were deployed to monitor the airspace near the border with Ukraine.
22:30
Dominic Fritz, the president of USR, accused PSD of unconstitutional attempts to amend the integrity law to target him directly.
22:15
Twenty EU states have changed working time rules after the pandemic, but only five have started to regulate algorithmic control.
See more news
NEWS ON THE SAME TOPICS
Personalized news feed, AI-powered search, and notifications in a more interactive experience.
