General · 5 hours ago
UK households face sharper inflation rise, IMF warns
Photo by Sarah Agnew on Unsplash
British households are set to see a steeper increase in inflation than previously forecast, mainly due to rising energy and food costs. The International Monetary Fund (IMF) has revised its forecast, and now anticipates consumer prices will rise by 3.3% in 2026. The 3.3% figure would place it as the joint second-highest rate across the G7 nations.
Reported by Independent · How we write briefs