Home / Breaking News / Britain Inflation Rose More Than Expected in December

Britain Inflation Rose More Than Expected in December

Official data revealed on Wednesday that UK inflation rose more than expected in December as transport costs such as airline tickets pushed it higher.

The Office for National Statistics said the consumer price index rose 0.6% year-on-year after a 0.3% increase in November.

A Reuters poll of the opinions of economists had indicated a rate of 0.5%.

Check Also

Gold Pulls Back as US Dollar Gains and Geopolitical Tensions Ease

Modest Retreat After Recent Rally Gold fell nearly 1% midweek, retreating from multi-day highs as …