2008 mac pro 3.1 specs6/21/2023 ![]() ![]() ![]() This broad-based increase in prices for products that are usually seen as less volatile “will be viewed with particular discomfort by the Bank of England,” Sandra Horsfield, an economist at Investec, wrote in a note. Inflation was driven by record prices for gasoline and diesel, as well as by large increases at restaurants and hotels, for food and drinks, and clothing and furniture. The Consumer Prices Index rose 7 percent in March from a year earlier, up from 6.2 percent the previous month, the Office for National Statistics said Wednesday. The pain is wide-reaching: Even fish and chips, a traditionally cheap British staple, has jumped in price. Manufacturers, farmers and supermarkets have warned about the rising cost of essential inputs into their supply chain from goods produced in Russia and Ukraine - including metals, wheat, fertilizer and sunflower oil. Rising energy costs are passing through to household bills. But that war has weakened Britain’s economic outlook, as is the case in many countries. It is mounting evidence of what is turning out to be a challenging year for many, with the tightest squeeze on household budgets forecast since records began in 1956.Įven before Russia invaded Ukraine, Britain’s economic growth had slowed. In Britain, several pieces of dispiriting economic news arrived this week: Prices are rising at their fastest pace in 30 years, wages adjusted for inflation fell the most in nearly eight years and the economy hardly grew in February.
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