UK Inflation

Prior to the Brexit vote last summer, British supporters of the "leave" campaign were cautioned that a vote to exit the European Union would result in economic hardships. Nearly a full year has passed since the vote and there are growing signs these warnings were wrong. According to a...

Britain's annual consumer price index surged 2.6% in July, versus 2.4% in June, according to the UK Office for National Statistics. Consumer prices rose 0.1% on a monthly basis in July. However, economists were expecting a flat monthly reading and an annual rise of 2.4%.