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UK inflation rises to 2.2 percent in first increase of 2024

Author
Newstalk ZB,
Publish Date
Wed, 14 Aug 2024, 8:23pm
 Photo / Getty
Photo / Getty

UK inflation rises to 2.2 percent in first increase of 2024

Author
Newstalk ZB,
Publish Date
Wed, 14 Aug 2024, 8:23pm

The UK's inflation rate has risen for the first time since December, ticking up to 2.2 percent in the year to July.

According to experts, this rise is largely due to prices of gas and electricity falling by less than they did in 2023.

UK correspondent Gavin Grey says this increase was expected - but it's not good for the economy.

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