United Kingdom· LeedsUK Inflation Rises to 2.9% Due to Iran War Impact on Energy Costs
UK inflation increased to 2.9% in July, driven by higher energy costs linked to the Iran war, creating a cost of living squeeze for households and complicating the Bank of England's interest rate decisions.
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UK Inflation Rises to 2.9% Amid Iran War Impact
First report 3h agoLast update 2h agoReports confirm the UK inflation rate has risen to 2.9%, attributing it to the ongoing cost of living crisis and the impact of the Iranian war on energy costs.
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