Wednesday, Aug 13, 2008
The economy is in safe hands
wall street journal: U.K. Inflation Rate Jumps to a 16-Year High
LONDON -- Consumer inflation hit a 16-year high last month in the U.K., rising to more than double the Bank of England's target.
Consumer prices rose 4.4% from a year earlier, after rising 3.8% in June, the Office for National Statistics said. Last month was the third in a row in which inflation was more than a percentage point above the central bank's 2% target
Posted by eternal sceptic @ 09:04 PM (220 views) Add Comment
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