UK inflation unexpectedly rises as cost of tobacco and alcohol increases

<p>Surprise uptick to 4.0% complicates forecasts that Bank of England will cut interest rates Analysis: inflation rise complicates outlook on interest rates Which UK goods and services have changed most in price? UK inflation rose unexpectedly to 4.0% in December in the first increase for 10 months, complicating the timing of interest rate cuts from […]</p>
<p>The post <a href="https://www.theguardian.com/business/2024/jan/17/uk-inflation-unexpectedly-rises-despite-sharp-fall-in-fuel-prices">UK inflation unexpectedly rises as cost of tobacco and alcohol increases</a> appeared first on <a href="https://newsmovesmarketsforex.com">NewsmovesmarketsForex.com</a>.</p>