BBCNEWS BBC News at One June 4, 2024 13:04:00
That is one reason the bank of england expects double digit inflation to drop back to single digits in the spring. for now, though, it's all about those price hikes. milk, butter, dairy foods, bread. filling up the car. strangely, fruit teas. they have gone from £1 to £2.25, and you think how can that be? . until recently, most of the inflationary pressure was global. the price of food, the price of fuel — there is not much the bank of england can do about those global prices, but what they are now worried about is that inflation is becoming embedded domestically in the price of service, l...
Source: archive.org