What happened
Higher energy costs push up CPI but jobs slowdown could deter Bank of England from raising interest rates UK inflation rose to 2.9% in July as the impact of the Iran war on energy prices triggered a renewed cost of living squeeze for British households.
Why it matters
AtlasHour context: this story may affect public policy, global affairs, business confidence, technology direction, energy security, or civic life.
Global context
The story is being tracked through Bonds.
Who is affected
Bonds
What to watch next
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The consequence layer
AtlasHour context: this story may affect public policy, global affairs, business confidence, technology direction, energy security, or civic life.
What To Watch Next
Three facts to keep in view
The Guardian
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The cost of things is now rising at a faster pace compared with last month.
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