UK Inflation Posts Biggest Increase Since Records Began in 1997 - NewsBreak
By Austine in Business
Updated 3 years ago
A Reuters poll had predicted a reading of 2.9% for August. The index jumped 2.0% in July on an annual basis. The U.K.'s consumer prices index surged by 3.2% in the 12 months to August, official data showed on Wednesday, the largest ever increase since records began in Jan. 1997.