UK inflation slips back to zero in June
Add BT as a preferred sourceDeeperDive is a beta AI feature. Refer to full articles for the facts.
London
BRITISH inflation edged back towards its lowest rate in more than half a century in June, as food and summer clothing fell in price, official figures showed on Tuesday.
Poleaxed by the after-effects of a slump in oil prices in the second half of last year, British consumer price inflation in April showed its first year-on-year fall since 1960, prompting the Bank of England (BOE) to say it would soon bounce back.
Copyright SPH Media. All rights reserved.
TRENDING NOW
Vietnam formalises new state leadership, redefining ‘four pillars’ power balance
‘Largest Singapore commercial S-Reit proxy’: analysts say buy CICT shares after Paragon acquisition
From 1MDB to ‘corporate mafia’: Is Malaysia facing a new governance test?
Why where you park your joint venture matters: Lessons from a US$689 million shareholder dispute
