|
|
|
Record U.K. product inflation dents rate cut hopes
|
|
Report On Business
- 5/12/2008
|
|
LONDON - British manufacturers raised their prices at the sharpest rate in at least 22 years in April and their costs climbed at a record pace, data showed on Monday, denting the chances of an interest rate cut next month. Sterling rose and interest rate futures dived as the stronger-than-expected f
|
|
|
|
Producer inflation dents rate cut hopes
|
|
Mirror
- 5/12/2008
|
|
The Office for National Statistics said output prices rose an unadjusted 1.4 percent on the month in April, taking the annual rate up to 7.5 percent. Both rates were the highest since the series began in 1986. Input prices rose an adjusted 2.4 percent on the month, taking the annual rate up to 23.1
|
|
|
|
Record producer inflation dents rate cut hopes
|
|
International Herald Tribune
- 5/12/2008
|
|
The Office for National Statistics said output prices rose an unadjusted 1.4 percent on the month in April, taking the annual rate up to 7.5 percent. Both rates were the highest since the series began in 1986. Input prices rose an adjusted 2.4 percent on the month, taking the annual rate up to 23.1
|
|
|
|
UK producer inflation at record
|
|
BBC
- 5/12/2008
|
|
Manufacturers face rising costsUK factory gate prices and producers' costs rose at a record pace in April, official figures showed. The Office for National Statistics said that output prices for sales of manufactured products rose at a rate of 7.5% in the year to April. Input prices rose 23.3% over
|
|
|
|
Surging inflation will limit rate cuts
|
|
The Times
- 5/11/2008
|
|
THE Bank of England will this week reveal a grim forecast of rising inflation and sharply weakening economic growth for the coming months. Though the Banks closely watched quarterly inflation report will leave the door open to further interest rate cuts, it will disappoint those looking for aggressi
|
|
|
|