Steady inflation surprises market

Latest news

    MoneyImage copyright Getty Images

    Inflation remained at 2.4% for the third month in a row in June, according to the Office for National Statistics.

    The Consumer Price Index (CPI) measure of inflation had been expected to rise to 2.6% last month.

    It means that the gap between wages and inflation remains despite pay growth slowing to 2.7% in the three months to May.

    View the original article: https://www.bbc.co.uk/news/business-44870138

    https://www.bbc.co.uk/news/business-44870138

    In the same category are

    Brexit vote campaign gets £1m from Superdry co-founder Image copyright Getty Images Image caption Julian Dunkerton says Brexit would have prevented Superdry from becoming a success One of the co-founde...
    Prize for ‘unconventional’ royal biography An "unconventional" biography of Princess Margaret has won one of the top prizes in the UK's longest-running literary awards.Craig Brown was awarded...
    Chelsea 3-2 Arsenal Alonso scored the winner having earlier assisted the opening goal, scored by PedroMarcos Alonso's late strike handed Chelsea a narrow victory over Ar...
    Cristiano Ronaldo makes winning start as Juventus beat Chievo 3-2 Cristiano Ronaldo is a five-time Ballon d'Or winnerCristiano Ronaldo made a winning start to his Juventus career as his new club came from behind to ...
    England v India: Virat Kohli hits 97 on opening day of third Test Kohli 'absolutely fuming' after dismissal on 97Third Specsavers Test, Trent Bridge (day one of five)India 307-6 (87 overs): Kohli 97, Rahane 81, Woak...
    Kofi Annan death: World leaders honour former UN chief Media playback is unsupported on your device Media captionKofi Annan accepts his Nobel Peace PrizeWorld figures have been paying tribute to former U...

    Leave a comment

    Your email address will not be published. Required fields are marked *

    This site uses Akismet to reduce spam. Learn how your comment data is processed.