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UK inflation expected to have risen in August as cost of living squeeze tightens – business live

Rolling coverage of the latest economic and financial newsExperts at Pantheon Macroeconomics have suggested that so-called “AI-flation” could also be a factor pushing up UK prices.Rob Wood, their UK economist, said Pantheon believe higher electronics prices, linked to chip shortages amid the AI boom, could add 0.2 percentage points to inflation.7am BST: UK inflation report for August9.30am BST: UK housing…

Rolling coverage of the latest economic and financial newsExperts at Pantheon Macroeconomics have suggested that so-called “AI-flation” could also be a factor pushing up UK prices.Rob Wood, their UK economist, said Pantheon believe higher electronics prices, linked to chip shortages amid the AI boom, could add 0.2 percentage points to inflation.7am BST: UK inflation report for August9.30am BST: UK housing…

Read the full story on Business | The Guardian

Read the full story on Business | The Guardian

Source: Business | The Guardian

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