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Uk Inflation Spike: See How Fast Prices Are Soaring!
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In the year leading up to March, prices in the UK increased by 2.6%, which is lower than the prior month’s rise yet remains above the Bank of England’s targeted figure. The Bank of England adjusts interest rates to aim for an inflation rate of 2%, and in 2025, it reduced them twice, bringing…
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Inflation Slows Sharply, Hits 21.2% In April 2025
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By Juliet ETEFE ([email protected]) The inflation rate keeps declining, as indicated by the Consumer Price Index (CPI) report for April 2025, which shows a year-over-year (y-o-y) inflation rate of 21.2 percent. This represents a decrease of 1.2 percentage points from the 22.4 percent noted in March 2025, marking five successive months of declining inflation…
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Uk Inflation Rate: See How Fast Prices Are Soaring
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In the year leading up to March, prices in the UK increased by 2.6%, which is lower than the prior month’s rise yet remains higher than what the Bank of England aims for. The Bank of England adjusts interest rates to aim for a 2% inflation sasaran, and in 2025, it reduced them twice,…