UK Inflation Jumps to 2.9% as Energy Bills Bite | HappeningNow.news

Energy · 1 views

UK Inflation Jumps to 2.9% as Energy Bills Bite

CityAM.com is the online presence of City A.M., London's first free daily business newspaper.

Source OilPrice Story Brief Updated 3h 08m ago
Story intelligence Beta
Confidence Limited Single-outlet story
Views 1 Community interest
Read time 1 min ~55 words

Story Brief

Inflation has leaped up following the reset of the energy price cap, official data has revealed, marking the likely beginning of a long run of increases in price growth. The Office for National Statistics (ONS) put the consumer price index inflation reading at 2.9 per cent for the 12 months to July. The previous inflation reading was 2.6 per cent.

Read full article on Oilprice

More from Energy

Continue reading recent Energy coverage

Support HappeningNow

Independent AI-powered news analysis is reader-supported. Your contribution helps cover infrastructure, summaries, and continued platform development.

Support HappeningNow

Report an issue with this page