Economic Indicators
Fewer UK firms expect to raise prices in month ahead – ONS
2023.06.15 08:06
© Reuters. FILE PHOTO: People shop at a market stalls in east London, Britain, January 23, 2021. REUTERS/Henry Nicholls/File Photo
LONDON (Reuters) – The smallest proportion of businesses since at least March last year expect to raise prices next month, a survey of businesses showed on Thursday.
The Office for National Statistics showed 17.0% of companies that are currently trading expected to raise prices in the coming month, down from 17.7% in the previous month.
It was the lowest reading since the ONS first published the data series in March 2022.
