Inflation rate in UK hits two-year high

Mubasher: The Consumer Prices Index (CPI) in the UK went up 1.2% year-on-year in November, reaching its highest level since October 2014, according to the data of the British Office for National Statistics (ONS).

The inflation rate went exceeded expectations of a 1.1% increase, it recorded 0.9% in October 2015.

As the data shows, the rises in clothes and car fuel among other goods contributed to the rise.

Mubasher Contribution Time: 13-Dec-2016 11:43 (GMT)
Mubasher Last Update Time: 13-Dec-2016 11:43 (GMT)