https://arabic.sputniknews.com/20211206/ بنك-إنجلترا-يتوقع-تفاقم-التضخم-في-بريطانيا-بسبب-أسعار-الطاقة -10536 t49l6.
The Bank of England expects inflation to rise in the UK due to energy prices
The Bank of England expects inflation to rise in the UK due to energy prices
06.12.2021, 06.12.2021 Sputnik Arabia, the British Central Bank has warned of a “significant” rise in inflation as inflation is expected to be higher than 5% in April due to a rocket rise in energy prices.
2021-12-06T15: 17 + 0000
2021-12-06T15: 17 + 0000
2021-12-06T15: 17 + 0000
Economy
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This came in the words of Ben Bradbent, deputy governor of monetary policy, before the central bank’s policy committee meeting next week, during which the Bank of England may decide to raise the historically low interest rate or leave it at that. The AFP reports that the UK regulator of gas and electricity, the regulator of energy markets, has raised the limit on domestic energy prices. The retail energy price ceiling will be 5% when it is adjusted next April. Prices in October control fixed variable tariffs for electricity and gas suppliers. As a result, UK inflation rose to a 10-year low in October and demand picked up after the strikes. At that time, the consumer price index rose to 4.2% from 3.1% in September, more than double the target set by Bank English. tra, which is 2%.
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https://arabic.sputniknews.com/20210825/Economic Inflation -1049918333.html
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Economy, UK, Inflation, UK
The Bank of England has warned that inflation will worsen “significantly” as inflation is expected to be 5% higher in April due to skyrocketing energy prices than the targeted rate.
This came in the words of Ben Bradbent, deputy governor of monetary policy, before a meeting of the central bank’s policy committee next week, during which the Bank of England may decide to raise the historically low interest rate or leave it at that. .
“When the retail energy price ceiling is adjusted next April (inflation) it is likely to comfortably cross 5%,” the central bank official added, in a speech in Leeds, in the north of England.
At the time, CPI rose to 4.2% from 3.1% in September, more than double the BoE’s target of 2%.
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