UK companies to raise prices faster amid energy surge
UK firms expect to raise prices by 3.5% over the next year as energy costs climb. The Bank of England survey shows a slight rise in inflation expectations.
Xurve View
Xurve View
Businesses across the United Kingdom are bracing for a period of accelerated price growth over the next 12 months, according to the latest data from the Bank of England. The central bank's monthly Decision Maker Panel survey revealed that firms now anticipate raising their prices by 3.5% over the coming year, marking a slight uptick of 0.1 percentage points from the expectations held during the three months ending in February.
