Has UK inflation peaked?

Are we close to peak inflation in the UK and an easing of the pain of fast-rising prices? Petrol and diesel prices have started to fall – although many feel that the cost of filling up your vehicle at the pumps should be dropping more quickly. And secondhand car prices have fallen too. Used cars – on average – are six per cent cheaper than a year ago. If inflation has perhaps peaked, what next for UK interest rates? Market expectations are that the Monetary Policy Committee will lift base rates to 3.5% at their next meeting with interest rates perhaps peaking to 4.5% in 2023.

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[tutoru-official]

Inflation is possibly close to peaking and perhaps the pace of interest rate increases will also weaken in the coming months.

[samben]

Your dreaming ! Inflation still going higher