U.K. inflation slowed in August on the back of a fall in fuel prices, though food prices continued to rise as the country’s cost of living crisis persists.
The consumer price index rose 9.9% annually, according to estimates published Wednesday by the Office for National Statistics.
Last week, new British Prime Minister Liz Truss announced an emergency fiscal package capping annual household energy bills at £2,500 for the next two years. LONDON — U.K. inflation slowed in August on the back of a fall in fuel prices, though food prices continued to rise as the country's cost-of-living crisis persists.
The consumer price index rose 9.9% annually, according to estimates published Wednesday by the Office for National Statistics, fractionally below a consensus forecast of 10.2% among economists polled by Reuters. It was also down from July's figure of 10.1%. Month-on-month, consumer prices rose 0.5%, fractionally below forecasts. Core inflation, which excludes volatile energy, food, alcohol and tobacco, was 0.8% month-on-month and 6.3% year-on-year, in line with expectations.Download NBC 5 Dallas-Fort Worth
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
August inflation breakdown: Where are prices hitting Americans the hardest?Inflation rose faster than expected in August, squeezing U.S. households in the form of higher prices for everyday necessities like groceries, rent and electricity.
Baca lebih lajut »
Consumer prices rise unexpectedly in August, sending stock market tumblingThe August inflation data arrives little over a week before the Federal Reserve decides on a rate increase.
Baca lebih lajut »
US inflation still stubbornly high despite August slowdownSharply lower prices for gas and cheaper used cars slowed U.S. inflation in August for a second straight month
Baca lebih lajut »
August inflation report shows food, shelter, health care costs on the riseWASHINGTON (TND)— Substantial declines in gas prices in August gave drivers some relief but weren't enough to make up for soaring costs of other necessities.A
Baca lebih lajut »
Japan to Reopen to Tourists Despite Record Covid-19 Cases in AugustJust 245,900 foreign tourists visited Japan in 2021, the lowest number since records started in 1964.
Baca lebih lajut »