Economic Report: U.K. inflation slips to 6.7% in August, coming in shy of forecasts

Date:

September 20, 2023

Inflation in the U.K. surprisingly eased in August against expectations it would accelerate, a welcome showing for central bankers just a day ahead of an interest-rate decision.

The U.K. consumer price index fell a touch to 6.7% year-over-year in August from 6.8%, the Office for National Statistics said Wednesday.

CPI was expected by economists…

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UK inflation posts surprise fall to 6.7%

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Alexandra Williams

Alexandra Williams is a writer and editor. Angeles. She writes about politics, art, and culture for LinkDaddy News.

Economic Report: U.K. inflation slips to 6.7% in August, coming in shy of forecasts

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