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Inflation nudges up – what can we expect from the economy this autumn?

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Manage episode 434195176 series 2483910
Content provided by Sky News. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Sky News or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
The inflation rate is up for the first time this year.
Prices went up by 2.2% in the year until July – moving the rate above the Bank of England target of 2%.
Experts had expected an uptick as energy prices are falling by less than they did a year ago.
The increase doesn't seem to change hope for further interest rate cuts in the months to come – but what else can we expect from the economy this autumn as the new government continues to warn about the economic "challenges" it's inherited and as the chancellor prepares her first budget for late October?
Joining Niall Paterson is our business correspondent Paul Kelso and political correspondent Darren McCaffrey.
You can read more of Paul’s in-depth analysis on the Sky News website and app here.
Producer: Emma Rae Woodhouse
Editor: Paul Stanworth
Promotion Producer: David Chipakupaku
  continue reading

1036 episodes

Artwork
iconShare
 
Manage episode 434195176 series 2483910
Content provided by Sky News. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Sky News or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
The inflation rate is up for the first time this year.
Prices went up by 2.2% in the year until July – moving the rate above the Bank of England target of 2%.
Experts had expected an uptick as energy prices are falling by less than they did a year ago.
The increase doesn't seem to change hope for further interest rate cuts in the months to come – but what else can we expect from the economy this autumn as the new government continues to warn about the economic "challenges" it's inherited and as the chancellor prepares her first budget for late October?
Joining Niall Paterson is our business correspondent Paul Kelso and political correspondent Darren McCaffrey.
You can read more of Paul’s in-depth analysis on the Sky News website and app here.
Producer: Emma Rae Woodhouse
Editor: Paul Stanworth
Promotion Producer: David Chipakupaku
  continue reading

1036 episodes

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