U.K. Inflation Remains Stuck at 8.7 Percent

U.K. Inflation Remains Stuck at 8.7 Percent

The New York Times - Business:

The rate, which had been expected to edge lower in May, shows that Britain’s cost-of-living crisis persists, and is likely to prompt the Bank of England to raise interest rates again.

This post first appeared in The New York Times - Business. Read the original article.