U.K. businesses expect slower price increases in August, Bank of England survey finds

  • U.K. businesses expected slower price increases in August than in July.
  • 2,012 chief financial officers were questioned between August 7 and 21.
  • Energy prices remained high during the seventh month of U.S.-Iran hostilities.

U.K. businesses expected to raise prices at a slower pace in August than in July, according to a Bank of England survey released Friday. The poll questioned 2,012 chief financial officers between August 7 and 21, while energy prices remained high as the United States and Iran continued exchanging fire in a conflict that had reached its seventh month.

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U.K. businesses expect slower price increases in August, Bank of England survey finds - CoinPost Terminal