UK inflation to ease in July amid BoE’s wage growth conundrum

Consumer price inflation is expected to float below the official target of 2% until the third quarter of 2017, according to Bank of England’s (BoE) August Inflation Report medium-term forecasts. The rate of Consumer Price Index (CPI) inflation in Britain remains subdued partly due to sterling’s s…

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UK inflation to ease in July amid BoE’s wage growth conundrum