UK inflation rate: How quickly are prices rising?
Source: BBC
BBCPrices in the UK rose by 2.6% in the 12 months to March, less than in the previous month but still above the Bank of England's target.The Bank of England moves interest rates up and down to try to keep inflation at 2%, and has cut rates twice in 2025, taking rates to 4.25%. The Bank previously warned that it expected inflation to rise again in 2025.What is inflation? Inflation is the increase in the price of…
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