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The UK economy is set to witness the highest inflation rate of the world’s G7 advanced economies this year, according to new forecasts, PA Media reports. PA says:
The Organisation for Economic Co-operation and Development (OECD) also increased its predicted average UK inflation rate for 2023 compared with its previous estimate.
Economists at the globally recognised organisation also reduced their UK growth forecast slightly for next year amid pressure from higher interest rates.
Source link : https://www.theguardian.com/politics/live/2023/sep/19/starmer-macron-paris-labour-brexit-renegotiation-rishi-sunak-uk-politics-latest
Author : Andrew Sparrow
Publish date : 2023-09-19 16:43:36
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