UK inflation hits 8-month high

UK inflation hits 8-month high but underlying pressures steady
British inflation hit an eight-month high in November, but the rise in services prices - watched closely by the Bank of England as an underlying measure of inflationary pressures - held steady, offering the central bank a little bit of relief.
UK inflation rate hits highest level for eight months
The UK inflation rate has gone up for the second month in a row, according to official figures for November. The figure rose to 2.6%, up from 2.3% in the year to October, figures from the Office for National Statistics (ONS) showed.
UK inflation increase solidifies expectations interest rates will be kept on hold
Inflation in the U.K. has risen to its highest level since March. It's being driven by an increase in fuel prices last month.
UK inflation rises to 2.6% in November, in line with expectations
UK inflation data comes after wage growth quashed any last expectation for a final 2024 rate cut from the Bank of England.
UK inflation rises further above Bank of England's target in November
The Office for National Statistics said consumer price inflation rose by 2.6% in the year to November, up from 2.3% the previous month. The increase, which took inflation further away from the Bank of England's target of 2%,
Further hike in UK inflation hits rate cut chance
UK annual inflation climbed further above the Bank of England's target rate in November, official data showed.
UK inflation rises again to hit highest level since March
UK inflation has risen to its highest level since March, driven by an increase in petrol prices last month, according to official figures. The Office for National Statistics said Consumer Prices Index inflation rose to 2.
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