Mmastodon BusinessEconomy first seen 16 h ago, last 1 h ago, peak #10
UK services firms raise prices at fastest rate since May
Original: UK services firms raise prices at fastest rate since May amid fuel surge https://www.standard.co.uk/business/business-ne
UK services companies have increased prices at the fastest pace since May, driven largely by rising fuel costs, according to a report carried by the London Standard. The figures point to renewed inflationary pressure in the services sector, raising questions about whether cost-of-living pressures could persist and how the Bank of England might respond in upcoming policy decisions.
Why now: Fresh survey data showing renewed price pressures in UK services fuels debate about inflation and interest rates.
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- UK services firms raise prices at fastest rate since May amid fuel surge https://www.standard.co.uk/business/business-news/growth-middle-east-b1299546.html # Business # Economy # Inflation · the_standard@robot.villas · 3
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