UK inflation in shock rise to 4.0% in December: data
- 17-Jan-2024
LONDON: British inflation unexpectedly accelerated in December on tobacco duty hikes, data showed Wednesday, missing expectations of a slowdown and dimming hopes of an interest rate cut. The Consumer Prices Index climbed to four percent last month, the first increase since February 2023, the Office for National Statistics said in a statement. That is double […]