UK inflation rate hits highest level for eight months

Economists say the faster pace of price rises all but rules out an interest rate cut next week.

Topics

UK inflation increase solidifies expectations interest rates will be kept on hold

Inflation in the U.K. has risen to its highest level since March
ABC News - 55m
UK inflation rises to 2.6% in November

Figure cements expectations Bank of England will hold interest rates steady on Thursday
Financial Times - 2h
UK inflation hits eight-month high of 2.6%, fuelling calls to hold interest rates

Annual increase in November driven by rising cost of petrol and groceries and hike in tobacco duty in budget. UK inflation data leaves Starmer miles off goal of growth ‘felt in people’s ...
The Guardian - 3h
Elon Musk will not receive highest-level government security clearance – reports

The SpaceX head has been advised to not seek the same over his drug use and contacts with foreign nationals. The space entrepreneur Elon Musk is unlikely to receive government security clearances ...
The Guardian - 1d
Sterling hovers near highest level against euro since Brexit vote

Single currency weighed down by weak economy and expectations of further interest rate cuts
Financial Times - 5d
China consumer inflation rate drops to a five-month low, missing expectations as economy slows

China's consumer prices rose less-than-expected in November, climbing 0.2% from a year ago, according to data from the National Bureau of Statistics released Monday.
CNBC - Dec. 9
Homebuyer demand for mortgages jumped 6%, as interest rates fell to lowest level in over a month

Potential homebuyers are responding to lower mortgage rates and a higher supply of homes for sale.
NBC News - Dec. 4
Homebuyer demand for mortgages jumped 6%, as interest rates fell to the lowest level in over a month

Potential homebuyers are responding to lower mortgage rates and a higher supply of homes for sale.
CNBC - Dec. 4
BoE governor expects four UK rate cuts next year as inflation eases

Andrew Bailey welcomes better than expected fall in price growth in FT interview
Financial Times - Dec. 4

UK inflation rate hits highest level for eight months

Topics

Related

UK inflation increase solidifies expectations interest rates will be kept on hold

UK inflation rises to 2.6% in November

UK inflation hits eight-month high of 2.6%, fuelling calls to hold interest rates

Elon Musk will not receive highest-level government security clearance – reports

Sterling hovers near highest level against euro since Brexit vote

China consumer inflation rate drops to a five-month low, missing expectations as economy slows

Homebuyer demand for mortgages jumped 6%, as interest rates fell to lowest level in over a month

Homebuyer demand for mortgages jumped 6%, as interest rates fell to the lowest level in over a month

BoE governor expects four UK rate cuts next year as inflation eases

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