Interest rate hikes could mean more misery for consumers, as war takes toll on pockets
Inflatie
Sharp rises in the price of oil and gas as a result of the war in Iran have set off an economic chain reaction which is already hitting people in the pocket. The benchmark Brent crude oil remains above $110 a barrel, compared to around $72 before the war. And a unit of wholesale gas now stands at 150p - almost double the 77p per unit it was just three weeks ago. As a result, it is thought that inflation - which was anticipated to fall to 2% by the end of the year - could, in fact, now reach 5%,
din zilele anterioare