There has been no change to the rate of inflation which remained at 2%, the target rate for the Bank of England, according to official figures.
But the market expectation is now there will be no cut in August when Bank officials next meet to consider rates.
Read more: https://news.sky.com/story/inflation-rate-remains-at-bank-of-englands-target-rate-13178800
#inflation #economy #bankofengland
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