UK Inflation Could Exceed 6 Percent
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Sources · 7 independent
“The bank also forecast inflation, the rate at which prices rise, currently at 3.3% could nose over 6% this year as a result of the surge in oil and gas prices coming off the back of the US-Israel war on Iran.”
“picture with the Bank of England saying inflation could nose above 6%.”
“The bank also forecast inflation, the rate at which prices rise, currently at 3.3% could nose over 6% this year as a result of the surge in oil and gas prices”
“one of the key things about the monetary policy report that the bank has put out today is it emphasizes the very high degree of uncertainty about the outlook, essentially because of the uncertainty about what's going to happen in the Gulf”
“of 6%. quite likely that it may be up around about 4%.”
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