Core Viewpoint - UK inflation accelerated to 3.8% in July, the fastest increase in a year and a half, surpassing analyst expectations and dampening hopes for recent interest rate cuts by the Bank of England [1] Group 1: Inflation and Monetary Policy - The Bank of England's decision to cut interest rates was narrowly approved with a vote of 5 to 4, indicating a cautious approach due to persistent inflation above target levels [1] - UK inflation is projected to reach 4% in September, which is double the target rate, influenced by significant increases in utility bills since April [1] - The UK labor market remains tight, contributing to upward price pressures, with wage growth around 5%, complicating the Bank of England's belief in a swift return to the 2% inflation target [1] Group 2: Comparative Inflation Rates - UK inflation is higher than that of the US, which stood at 2.7% in July, and also exceeds the Eurozone, where inflation is expected to remain close to the European Central Bank's 2% target in the coming years [1]
英国7月通胀加速至3.8% 打压央行降息预期
Xin Hua Cai Jing·2025-08-20 06:31