Food Inflation Blow for Bank ; Prices Soar by Another 10% Hopes of Rate Cut Are Dashed
Evening Standard - London › September 03, 2008
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Summary
HUGO DUNCAN FOOD prices went up 10 per cent in the last 12 months, official figures show this afternoon.
The rise threatens to push inflation even higher and dashes lingering hopes of a cut in interest rates tomorrow which could have brought some relief for hard-pressed households.See the full content of this document
Extract
Food Inflation Blow for Bank ; Prices Soar by Another 10% Hopes of Rate Cut Are Dashed
The pound fell against the dollar to $1.77 as f...
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