Home Businessuite News24 International Bank Of England Expects Price Increases Already Seen In Food And Fuel Will Spread To Other Goods Later This Year
Bank Of England Expects Price Increases Already Seen In Food And Fuel Will Spread To Other Goods Later This Year

Bank Of England Expects Price Increases Already Seen In Food And Fuel Will Spread To Other Goods Later This Year

0
0

The Bank of England says it expects that price increases already seen in food and fuel will spread to other goods later this year. In a monthly report of business conditions, the Bank said the cost of manufactured goods would also rise. It says companies which made bets to mitigate against last year’s drop in sterling will soon see those bets expire, increasing their costs.

LEAVE YOUR COMMENT