June 25, 2024

UK Inflation Hits Bank of England’s 2% Target for First Time in Nearly Three Years

by Georgina Lincoln | Jun 25, 2024 | General

Inflation in the UK has fallen to the Bank of England’s target rate of 2% for the first time in nearly three years. The Office for National Statistics reported that the Consumer Prices Index (CPI) decreased to 2% in the year to May. This is down from 2.3% the...

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UK Inflation Hits Bank of England’s 2% Target for First Time in Nearly Three Years

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