The reason inflation surged by more than the markets were expecting last month is down to a quirk in the way the Office for National Statistics (ONS) chose to compare air fares. The statisticians used ...
Prices in the UK rose by 3.8% in the year to July, driven mainly by a jump in the price of air fares and food. That means inflation is at its highest level since January 2024 and still far above the ...
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