U.K. Inflation Hit Two-Year High in December - News Summed Up

U.K. Inflation Hit Two-Year High in December


LONDON—Consumer prices in the U.K. rose in December at their fastest annual rate for more than two years, fueled by a slide in the pound in the months since Britons voted to leave the European Union. Annual inflation accelerated to 1.6% in December from 1.2% a month earlier, the U.K.’s Office for National Statistics said Tuesday, the fastest increase in prices since July 2014. The pickup in inflation comes as Prime Minister...


Source: Wall Street Journal January 17, 2017 09:58 UTC



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