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Why is inflation higher in UK than other countries?

From bbc.co.uk

The UK's inflation rate has fallen to the lowest level in more than two years, but the cost of living is still rising faster here than in most of the world's advanced economies. Prices rose by 3.9% in the year to November, in contrast to the US and the eurozone where inflation has eased to 2.1% and 2.4% respectively. The UK has narrowed the gap on Germany and is now on par with France, but having been an outlier, many have asked: does the UK have its own inflation problem? Overall inflation, which is the rate prices rise at, has been falling across the world, but it's taken longer to subside in the UK due to several ... (full story)

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  • Category: Fundamental Analysis