An exact prediction now is almost impossible for many economists, as former UK Prime Minister Liz Truss has resigned
UK inflation
Latest in UK inflation
Andrew Bailey
In pictures: Rising food and energy prices drive UK inflation back to a 40-year high
The governor of the Bank of England Andrew Bailey has said that a “stronger response” may be needed to get a handle on price rises
Bank of England
UK records 40-year high inflation at 10.1 percent amid soaring cost of living
The rise in inflation intensified largely due to increase in food prices, household spending, including surge in market prices of electricity, gas and petrol.
Bank of England
UK’s Bank of England would ‘have to raise’ interest rates to confront ongoing inflation
UK’s inflation is the result of the resumption of the global economy post-pandemic and also due to the ongoing Ukraine-Russia conflict
Bank of England
Inflation in UK rockets to 30-year high as commodity prices soar
Rising costs are outpacing wages, putting a squeeze on the UK’s most at risk