Tuesday, 18 July 2017

UK inflation figures will shine light on impact of pound's Brexit slide

New article from your news rule in Inoreader
Via Network Front | The Guardian by Larry Elliott Economics editor

City analysts believe there will have been a pause in June in cost of living rises, but food prices are expected to increase

Fresh evidence of the impact of the post-Brexit depreciation in the value of the pound will be revealed on Tuesday with the release of the latest set of official inflation figures.

City analysts believe there will have been a pause in June in the steady increase in the cost of living to 2.9% in the 12 months since the EU referendum, but most believe the respite will prove temporary.

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