Cost of Living Crisis in UK: Inflation Stays Much Stronger than Expected

TEHRAN (FNA)- Britain's inflation rate remained much stronger than expected, with the fastest increase in services and core prices in more than three decades fueling a flurry of bets on more Bank of England interest rate rises. Food inflation remains at the highest levels for over four decades at 19.3 percent, which means an even greater squeeze on the budgets of low income families. [VIDEO]

2023-May-28  06:01