AGL39.2▲ 0.57 (0.01%)AIRLINK129.55▼ -0.16 (0.00%)BOP5.79▲ 0.15 (0.03%)CNERGY3.88▲ 0.02 (0.01%)DCL8.8▲ 0.1 (0.01%)DFML41.25▼ -0.65 (-0.02%)DGKC89.7▲ 1.35 (0.02%)FCCL35.12▲ 0.19 (0.01%)FFBL66.7▼ -0.32 (0.00%)FFL10.88▲ 0.31 (0.03%)HUBC109▲ 0.43 (0.00%)HUMNL14.92▲ 0.26 (0.02%)KEL4.75▼ -0.01 (0.00%)KOSM7.04▲ 0.09 (0.01%)MLCF42.62▲ 0.94 (0.02%)NBP59.5▼ -0.14 (0.00%)OGDC179.6▼ -0.71 (0.00%)PAEL26.3▲ 0.07 (0.00%)PIBTL5.96▲ 0.01 (0.00%)PPL147.25▲ 0.16 (0.00%)PRL23.68▲ 0.11 (0.00%)PTC16.85▲ 0.35 (0.02%)SEARL69.5▲ 1.08 (0.02%)TELE7.3▲ 0.11 (0.02%)TOMCL35.95▲ 0.09 (0.00%)TPLP8.13▲ 0.31 (0.04%)TREET14.56▲ 0.39 (0.03%)TRG50.84▲ 0.33 (0.01%)UNITY27▲ 0.24 (0.01%)WTL1.23▲ 0.02 (0.02%)

UK inflation eases but holds above 10%

January 2023 Inflation
Share
Tweet
WhatsApp
Share on Linkedin
[tta_listen_btn]

UK inflation slowed slightly last month but held stubbornly above 10 percent, official data showed Wednesday, further fuelling a cost-of-living crisis despite an aggressive series of interest-rate hikes.

The Consumer Prices Index (CPI) rose by a stronger-than-expected 10.1 percent in March, down from 10.4 percent in February, the Office for National Statistics (ONS) said in a statement. Inflation nevertheless held in double figures on soaring food and housing costs including electricity and gas bills. Market expectations had been for a drop below 10 percent.

“Inflation eased slightly in March, but remains at a high level,” said ONS chief economist Grant Fitzner.—AFP

Related Posts