Fewer UK firms expect to raise prices in month ahead – ONS
4:58 am Thursday, June 15th, 2023
LONDON (Reuters) – The smallest proportion of businesses since at least March last year expect to raise prices next month, a survey of businesses showed on Thursday.
The Office for National Statistics showed 17.0% of companies that are currently trading expected to raise prices in the coming month, down from 17.7% in the previous month.
It was the lowest reading since the ONS first published the data series in March 2022.
(Reporting by Andy Bruce; editing by David Milliken)
