UK inflation unexpectedly hits 3.1%, pressurizing central bank to up rates - Instablogs

UK inflation unexpectedly hits 3.1%, pressurizing central bank to up rates - Instablogs

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UK inflation unexpectedly hits 3.1%, pressurizing central bank to up rates

Balendu , Delhi: Apr 17 2007

Made Popular Apr 17 2007

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The UK inflation rate surged unexpectedly to 3.1 percent in March, according to official figures. The unexpected acceleration of inflation has pushed the pound to $2 for the first time since September 1992 on increasing speculation interest rates will...

Tags: UK Economy, Inflation Rate, Interest Rate, Business

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