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Britain'S Inflation Rate Rose To 4.4% In July.

2011/8/17 8:59:00 49

Britain'S Inflation Rate Was 4.4% In July.

   National Bureau of Statistics 16 released data showed that in July this year, Britain calculated at an annualized rate. Consumer price index The increase was 4.4%, an increase of 0.2 percentage points over June.


According to analysis, that month Inflation rate Growth is mainly due to higher prices for financial services, clothing and footwear, furniture, household equipment and rents. Among them, the price of clothing and footwear rose to the highest level since 1997.


In addition, in July, the UK's retail price index rose at an annual rate of 5%, unchanged from June.


It is reported that July inflation data will be used as the basis for the increase in the UK's train tickets. According to the British government's calculation, the price of train tickets will rise by an average of 8% next year.


Mervyn Kim, governor of the Central Bank of England, attributed the high inflation rate to the excise tax increase. International energy prices The price of imports and imports rose. He stressed that the biggest risk facing the British economy is from abroad.


The latest quarterly inflation report released last week by the Bank of England expects that inflation in the country will continue to rise in the fall, which may hit a 5% high, but is expected to fall back to the 2% ceiling set by the central bank in two years. In the 42 months ended July, the UK consumer price index has risen 36 months above this inflation target.


At the beginning of this month, the Bank of England decided to maintain its leading interest rate at a record low of 0.5%, which has not changed for 29 consecutive months.
 

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