UK inflation jumps to highest in over a year on rising energy bills 😔

UK inflation jumps to highest in over a year on rising energy bills 😔

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UK inflation jumps to highest in over a year on rising energy bills
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In April 2025, UK prices rose by 3.5% compared to the previous year, marking the highest inflation rate since January 2024, surpassing expectations. Monthly consumer prices increased by 1.2%, influenced by rising household bills, business taxes, and minimum wage hikes. The Bank of England's interest rate cuts may slow due to persistent inflation above 3%. Economists predict a decline in inflation by 2026, aided by a new US-UK trade deal.

AI Médiaelemzés
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modest, notable, significant