UK inflation expected to have risen in August as cost of living squeeze tightens – business live
Rolling coverage of the latest economic and financial news
Experts 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 August
9.30am BST: UK housing prices and rents report
1.30pm BST: US retail sales report
7pm BST:Fed decision 7pm
Fed presser 7.30pm
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