Britain's Inflation Rate Slows Slightly to 9.9 Percent
But prices are still rising at about the fastest pace in 40 years and an increase in core inflation will keep the pressure on the central bank to raise interest rates.
Source: nytimes.com
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Britain's Labor Shortage Is Helping Drive Its Inflation Problem
Many of Britain’s employers, faced with a labor shortage, are raising wages to attract workers. That’s sowing the seeds of faster inflation.
Source: nytimes.com