13 Hrs
Source:
المشهد العربي
Britain inflation pressures rise
The United Kingdom expects the inflation rate to accelerate to 2.9% in July, marking its first increase in four months, driven by rising travel and energy costs due to the Iran war, as well as a shortage of electronic components related to artificial intelligence. This heightens the Bank of England's concerns over persistent rising prices, with the Chief Economist emphasizing the need to raise interest rates to counter the new inflation wave that may continue into the second half of the year.
Size: 120%Text Size
Notice: This Is an AI-Generated Summary
Comments (0)