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Evening Standard
Evening Standard
Henry Saker-Clark

UK households to see higher-than-expected inflation as energy prices jump – IMF

International Monetary Fund United Kingdom Inflation Andy Burnham G7 John Healey Economic Growth Middle East Office for National Statistics
Rising energy prices are set to contribute to high er-than-expected UK inflation (Alamy/PA) -

UK households are set to face a sharper rise in inflation than previously forecast as the conflict in the Middle East propels food and energy costs higher, according to the International Monetary Fund (IMF).

Prime Minister Andy Burnham is also now expected to see UK economic growth slow down next year, according to fresh forecasts.

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