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Jump in energy bills drives UK inflation to highest rate for four months
UK inflation climbs to 2.9% in July, driven by soaring energy costs. The price cap on energy bills increased by 13% earlier this month, impacting households nationwide. Food inflation, however, shows signs of slowing down, marking the lowes...
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UK inflation climbs to 2.9% in July, driven by soaring energy costs. The price cap on energy bills increased by 13% earlier this month, impacting households nationwide. Food inflation, however, shows signs of slowing down, marking the lowest rate in five years.
Full story and more reels: https://newsreel.video #news #breaking #UKinflation #energycrisis #finance
Originally reported by BBC News.
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