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Wednesday, August 19, 2026
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Article The Guardian World News

UK inflation rises to 2.9% as Iran war fuels living costs squeeze

The Guardian World News August 19, 2026 · 6:01 am Read Original
Bearish -55.0
−100 Bearish 0 +100 Bullish
UK inflation rises to 2.9% as Iran war fuels living costs squeeze

Higher energy costs push up CPI but jobs slowdown could deter Bank of England from raising interest ratesBusiness live – latest updatesUK inflation rose to 2.9% in July as the impact of the Iran war on energy prices triggered a renewed cost of living squeeze for British households.Underscoring the challenge for Andy Burnham’s government to give “breathing space” to hard-pressed consumers, the Office for National Statistics said inflation rose from 2.6% in June. Continue reading...

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Article Info
Source The Guardian World News
Published Aug 19, 2026 · 6:01 am
Article ID hqwsrsz
Original URL Open source
Sentiment Signal
Bearish -55.0
−100Neutral+100
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