UK Inflation Stays Unchanged at 2.2% in August as Airfare Rises Balance Fuel Price Drop
Inflation Holds Steady in August The UK’s annual inflation rate remained 2.2% in August, matching July’s figure. According to the Office for National Statistics (ONS), higher airfares, especially for European destinations, countered the benefit of lower petrol prices. This rate continues to hover above the Bank of England’s target of 2%, keeping pressure on household…