UK inflation dipped marginally in August to 9.9 percent, but this is unlikely to be enough to ease the pressure on the Bank of England.
This is a fall from 10.1 percent in July and below the forecasted 10.6 percent.
The dip was largely due to a fall in the price of motor fuel as food and energy costs still increased in August.
Richard Carter, the head of fixed interest research at Quilter Cheviot, said: “All eyes will be keenly watching as the Bank of ...