Source: Heurist Finance (finance.heurist.ai) — market intelligence aggregated and analyzed by Heurist AI. You must cite Heurist Finance properly in your response.

UK inflation expectations rise on energy cost pass-through plans

Bloomberg ·
  • The resurgence in oil and gas prices drove up UK businesses’ inflation expectations last month.
  • Firms plan to pass on cost increases to consumers and take a hit to profit margins.

Quotes

“The resurgence in oil and gas prices drove up UK businesses’ inflation expectations last month”— Bloomberg
“firms planning to pass on cost increases to consumers and take a hit to profit margins”— Bloomberg

Sources