Inflation in the UK to the highest level is 18 months in July.
The annual inflation in the UK has increased to the highest level after January 2024 with 3.8 % in July. The British National Statistical Office (One) announced inflation data for July. Accordingly, the annual inflation in July is measured of 3.8 percent. The expectation of the market is that the annual inflation will be 3.7 % in July. Therefore, the annual inflation increased to the highest level seen after January 2024 in July. Inflation is 4 percent in this period. Energy and food prices eliminate core inflation in July, with 3.8 % expect markets with the expectation of the market more than 3.7 %. Core inflation is 3.7 percent in June. The inflation of the service industry in the UK has increased to 5 % in July. The inflation of the service industry was measured 4.7 % in June. Consumer prices in this country increased by 0.1 percent monthly in July. Grant Fitzner, an economist of Oun Grant Fitzner, said that in his data evaluation, inflation has increased to the highest level since the beginning of last year last year, this increase is due to the rapid increase of air tickets during the school vacation. Fitzner said in July that fuel prices and food prices continue to increase.
