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UK Inflation Remains Highest in G7

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UK Inflation Remains Highest in G7
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Official data showed that the biggest contributor to July’s rise in inflation came from transportation costs.

UK Inflation Remains Highest in G7

London Stock Exchange offices on Dec. 29, 2017. Toby Melville/Reuters

Guy Birchall

|Updated:

UK inflation hit its highest level in 18 months in July when it increased to 3.8 percent from 3.6 percent, official data showed on Aug. 20, leaving the country with the fastest rate of price increases in the G7.

Inflation in the UK services sector accelerated to 5 percent from 4.7 percent in June.

Guy Birchall

Guy Birchall is a UK-based journalist covering a wide range of national stories with a particular interest in freedom of expression and social issues.

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