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Welcome to world business report, i m tadhg enright. let s start here in the uk where the latest inflation figures have just come out showing a marked decline in the pace of price rises. with the consumer prices index coming in at 6.8% injuly. let s not pop any champagne corks just yet because that s still well above the bank of england target rate of 2%. ttat s the pace of price rises which is seen as healthy for the economy. but compare it to the near 8% figure recorded in the year tojune, and progress is being made. the data will of course be pored over by the bank of england as it considers its next move on the cost of borrowing. the current uk base rate of interest is 5.25%. and although the fall in price rises is a welcome development, it does not mean a further
Price-risesSpaceUkInflation-figuresWorld-business-reportTadhg-enrightDeclineBank-of-englandGtarget-rateConsumer-pricesChampagne-corksInjulyWelcome to world business report. let s start here in the uk, where the latest inflation figures show a marked decline in the pace of price rises, with the consumer prices index coming in at 6.8% injuly. that s still well above the bank of england target rate of 2% that s the pace of price rises which is seen as healthy for the economy. but it s an improvement on the near 8% figure recorded in the year to june. the data will of course be pored over by the bank of england as it considers its next move on the cost of borrowing. the current uk base rate of interest is 5.25%. and although the fall in price rises is a welcome development, it does not mean a further increase won t come. let s not forget that yesterday
UkPrice-risesInflation-figuresSpaceDeclineWorld-business-reportInjulyConsumer-pricesGtarget-rateBank-of-england26-8Welcome to world business report. let s start here in the uk, where the latest inflation figures show a marked decline in the pace of price rises, with the consumer prices index coming in at 6.8% injuly. that s still well above the bank of england target rate of 2% that s the pace of price rises which is seen as healthy for the economy. but it s an improvement on the near 8% figure recorded in the year to june. the data will of course be pored over by the bank of england as it considers its next move on the cost of borrowing. the current uk base rate of interest is 5.25%. and although the fall in price rises is a welcome development, it does not mean a further increase won t come. let s not forget that yesterday
UkPrice-risesSpaceWorld-business-reportInflation-figuresDeclineBank-of-englandConsumer-pricesGtarget-rateInjuly26-8Is back in business. welcome to world business report, i m tadhg enright. let s start here in the uk where the latest inflation figures have just come out showing a marked decline in the pace of price rises. with the consumer prices index coming in at 6.8% injuly. let s not pop any champagne corks just yet because that s still well above the bank of england target rate of 2%. ttat s the pace of price rises which is seen as healthy for the economy. but compare it to the near 8% figure recorded in the year tojune, and progress is being made. the data will of course be pored over by the bank of england as it considers its next move on the cost of borrowing. the current uk base rate of interest is 5.25%. and although the fall in price rises is a welcome development, it does not mean a further
UkInflation-figuresBusinessPrice-risesSpaceWorld-business-reportTadhg-enrightDeclineInjulyBank-of-englandConsumer-pricesGtarget-rate