UK inflation to top 18% in early 2023, Citi warns - Reuters UK
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8/22/2022 12:00:00 AM2 years 8 months ago
British consumer price inflation is set to peak at 18.6% in January, more than nine times the Bank of England's target, an economist at U.S. bank Citi said on Monday, raising his forecast once again in light of the latest jump in energy prices.
LONDON, Aug 22 (Reuters) - British consumer price inflation is set to peak at 18.6% in January, more than nine times the Bank of England's target, an economist at U.S. bank Citi said on Monday, raisi… [+2644 chars]
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