UK inflation sharp jump fuels expectations of rates hike

shoppers retail sales gro 014<p>Retail sales expected to improve for the year to January.</p>

British inflation surprisingly rose to a five-month high in June, causing government bond prices to tumble and the pound to rise as markets grew more confident that the country’s central bank could raise rates before the end of the year.

*For an X-Ray of the British economy, see our London correspondent last report.

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The Corner
The Corner has a team of on-the-ground reporters in capital cities ranging from New York to Beijing. Their stories are edited by the teams at the Spanish magazine Consejeros (for members of companies’ boards of directors) and at the stock market news site Consenso Del Mercado (market consensus). They have worked in economics and communication for over 25 years.

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