There was a sharp rise in the rate of inflation last month, largely because of a hike in the energy price cap. The official figure rose to 2.3% above the Bank of England's 2% target, and higher than the 2.2% that economists had widely forecast. Sky's Wilfred Frost and Ed Conway analyse the latest economic data. Read more: https://news.sky.com/money #skynews #uk #inflation SUBSCRIBE to our YouTube channel for more videos: http://www.youtube.com/skynews Follow us on Twitter: https://twitter.com/skynews Like us on Facebook: https://www.facebook.com/skynews Follow us on Instagram: https://www.instagram.com/skynews Follow us on TikTok: https://www.tiktok.com/@skynews For more content go to http://news.sky.com and download our apps: Apple https://itunes.apple.com/gb/app/sky-news/id316391924?mt=8 Android https://play.google.com/store/apps/details?id=com.bskyb.skynews.android&hl=en_GB Sky News Daily podcast is available for free here: https://podfollow.com/skynewsdaily/ For analysis of world events, tap here for The World With Richard Engel and Yalda Hakim: https://podfollow.com/the-world-with-richard-and-yalda Sky News videos are now available in Spanish here/Los video de Sky News están disponibles en español aquí: https://www.youtube.com/channel/UCzG5BnqHO8oNlrPDW9CYJog To enquire about licensing Sky News content, you can find more information here: https://news.sky.com/info/library-sales
First inflation rate increase in three months as energy bills rise - Sky's Ed Conway analysis
There was a sharp rise in the rate of inflation last month, largely because of a hike in the energy price cap. The official figure rose to 2.3% above the Bank of England's 2% target, and higher than the 2.2% that economists had widely forecast. Sky's Wilfred Frost and Ed Conway analyse the latest economic data. Read more: https://news.sky.com/money #skynews #uk #inflation SUBSCRIBE to our YouTube channel for more videos: http://www.youtube.com/skynews Follow us on Twitter: https://twitter.com/skynews Like us on Facebook: https://www.facebook.com/skynews Follow us on Instagram: https://www.instagram.com/skynews Follow us on TikTok: https://www.tiktok.com/@skynews For more content go to http://news.sky.com and download our apps: Apple https://itunes.apple.com/gb/app/sky-news/id316391924?mt=8 Android https://play.google.com/store/apps/details?id=com.bskyb.skynews.android&hl=en_GB Sky News Daily podcast is available for free here: https://podfollow.com/skynewsdaily/ For analysis of world events, tap here for The World With Richard Engel and Yalda Hakim: https://podfollow.com/the-world-with-richard-and-yalda Sky News videos are now available in Spanish here/Los video de Sky News están disponibles en español aquí: https://www.youtube.com/channel/UCzG5BnqHO8oNlrPDW9CYJog To enquire about licensing Sky News content, you can find more information here: https://news.sky.com/info/library-sales