India, Sept. 16 -- UK consumer price inflation rose to a five-month high in August on renewed increase in fuel prices but the Bank of England is widely expected to hold the interest rate as energy shocks show no sign of broadening.
Inflation advanced to 3.1 percent from 2.9 percent in July, the Office for National Statistics said Wednesday. The rate came in line with expectations and hit the highest level since March.
For comments and feedback contact: editorial@rttnews.com
Published by HT Digital Content Services with permission from RTT News....