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Inflation rises to a high not seen in nearly a year - official figures

Sky News
Summary
Nutrition label

84% Informative

Consumer price index (CPI) ticked up to 3% from 2.5% a month earlier .

A lower rise to 2.8% was forecast by economists polled by Reuters .

Inflation is now higher above the Bank of England's 2% target and will likely make the interest rate cuts less likely.

Traders are pricing in an 82% chance of no rate cut at its March meeting.

VR Score

89

Informative language

92

Neutral language

18

Article tone

informal

Language

English

Language complexity

38

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

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