News Formal

UK inflation stops falling, raising the chances of much higher interest rates | CNN Business

  • 📰 cnni
  • ⏱ Reading Time:
  • 17 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 59%

대한민국 뉴스 뉴스

대한민국 최근 뉴스,대한민국 헤드 라인

UK inflation unexpectedly stayed stuck at 8.7% in May, making it more likely the Bank of England will continue raising interest rates, potentially taking them to a level not seen in more than two decades

The data released by the Office for National Statistics Wednesday defied forecasts for a slowdown in inflation to 8.4% compared with a year ago. Prices for recreation and cultural activities rose at a faster pace than in April and, although food inflation eased, it remained high, coming in at more than 18%. “The cost of airfares rose by more than a year ago and is at a higher level than usual for May,” said ONS chief economist Grant Fitzner.

The shock is bad news politically for UK Prime Minister Rishi Sunak, who has promised to halve inflation this year to around 5%, and economically for millions of people across Britain struggling with a cost-of-living crisis and facing soaring mortgage payments, with interest rates on two-year loans now above 6%.

이 소식을 빠르게 읽을 수 있도록 요약했습니다. 뉴스에 관심이 있으시면 여기에서 전문을 읽으실 수 있습니다. 더 많은 것을 읽으십시오:

 /  🏆 326. in KR
 

귀하의 의견에 감사드립니다. 귀하의 의견은 검토 후 게시됩니다.

대한민국 최근 뉴스, 대한민국 헤드 라인

Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.

Bank of England's conundrum deepens as inflation and labor market stay hotThe Bank of England is 'caught between a rock and a hard place' as it prepares for a key monetary policy decision.
출처: CNBC - 🏆 12. / 72 더 많은 것을 읽으십시오 »