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

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Guardian Business

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 Sanjay Raja, chief UK economist at Deutsche Bank, has predicted UK inflation will rise in August to just over 3%. Raja told clients last week: After broadly matching expectations in July, we see price momentum pushing up again in August. Some goods inflation, food inflation and a chunky rise in energy prices will likely see inflation take another small step h…