UK inflation rate ticks up to 2.2% in first rise this year
Source: BBC
Getty ImagesThe UK's inflation rate has risen for the first time this year, official figures show. Overall prices rose by 2.2% in the year to July, slightly above the Bank of England’s target of 2% where the rate had been since May.A rise was widely predicted and is due to prices of gas and electricity falling by less than they did a year before. The increase is also less than many economists had expected. The…
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