(Sharecast News) – UK consumer price inflation slowed again to 6.8% in July, according to official data published on Wednesday.
The fall was lower than June’s 7.9% and in line with economists’ forecasts. However it is still well above the Bank of England’s 2% target.

Reporting by Frank Prenesti for Sharecast.com

Related articles

UK manufacturing sector sees output slip – CBI

UK manufacturing sector sees output slip – CBI

(Sharecast News) - The UK's manufacturing sector continued to struggle in September, a survey showed on Friday, as higher costs weighed heavily. According to the latest CBI Industrial Trends Survey, total orders fell to a five-month low of -18 in September, from -15 a...

UK private sector output unexpectedly falls – PMI

UK private sector output unexpectedly falls – PMI

(Sharecast News) - UK output unexpectedly fell in September, a closely-watched survey showed on Friday, dragged lower by a weaker service sector. The latest flash S&P Global/CIPS UK PMI Composite Output Index came in at 46.8, down on August's 48.6 and a 32-month low....

UK retail sales rise 0.4% in August after wet July

UK retail sales rise 0.4% in August after wet July

(Sharecast News) - UK retail sales rebounded in August from the rain affected prior month, rising 0.4% on the back of strong food and clothing purchases by consumers, according to official data published on Friday. The rises in food and clothing were partially offset...

Latest Articles

Redde Northgate says demand still outstripping supply in UK, Ireland

Cussons holds guidance despite fall in FY profits

(Sharecast News) - Personal care consumer goods maker PZ Cussons on Tuesday held annual guidance despite a fall in full-year profits as cost inflation and issues at its Nigerian operation continued to weigh. The maker of Imperial Leather soap said pre-tax profit fell...

British Land upbeat as leasing activity picks up in Q2

Volumes, pricing drive 20% profit rise at Smiths

(Sharecast News) - Engineering group Smiths hailed a 20% rise in annual operating profit, driven by volume growth and higher prices which offset the impact of inflation. The company on Monday said profit for the year to July 31 came in at £501m as revenue jumped 18.3%...

Sector movers: Personal Goods, Big Tobacco pace losses

Sector movers: Personal Goods, Big Tobacco pace losses

(Sharecast News) - Personal Goods was at the bottom of the pile at the start of the week as concerns around China's property sector continued to nag investors. Hence the hefty decline in luxury goods retailers including Burberry. On Sunday, Chinese property developer...

Join our mailing list

Subscribe to our mailing list to receive regular updates!

No Fields Found.
x