UK warned of ‘astronomical’ inflation next year ...News

A long recession is also coming, a think tank warns Inflation in the UK will reach “astronomical” levels next year, and households will continue struggling amid the ongoing cost-of-living crisis, The Guardian newspaper reported on Wednesday, quoting a leading think tank. Rising gas and food prices will send inflation to 11% before the end of the year, according to an estimate from the National Institute of Economic and Social Research (NIESR). The official figures for June put the inflation at 9.4%, the highest level since February 1982. There will be “no respite” for British households and businesses from “astron

Hence then, the article about uk warned of astronomical inflation next year was published today ( Thursday 04/08/2022 - 11:00 AM ) and is available on Russia Today ( News ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( UK warned of ‘astronomical’ inflation next year )

Also on site :

• Another Weight Loss Surgery and a Wedding Bombshell: Spoilers From '1000-Lb Sisters' Season 8 Episode 2
• Trump-Iran latest: President threatens ‘very strong action’ if protesters are hanged after forced confessions
• Saks Global Secures $1.75 Billion of Committed Capital and Announces Return of Industry Veterans to Advance Transformation of Iconic Luxury Portfolio