LONDON (Reuters) – The factory gate inflation rose to its highest annual rate in more than two years in February, led by surging oil and food prices, official data showed on Friday.

The figures were in line with expectations but will still worry the Bank of England at a time when consumer price inflation is already double its 2 percent target.

LONDON (Reuters) – The Bank of England kept interest rates at a record low on Thursday, reluctant to jeopardise a fragile economic recovery and hopeful the recent surge in inflation will prove temporary.

All but one of the 63 economists polled by Reuters last week had predicted rates would stay at 0.5 percent. However, with inflation double the central bank’s 2 percent target and still rising, most expect a rate rise later this year.

LONDON (Reuters) – The Bank of England kept interest rates at a record low on Thursday, reluctant to jeopardize a fragile economic recovery and hopeful the recent surge in inflation will prove temporary.

All but one of the 63 economists polled by Reuters last week had predicted rates would stay at 0.5 percent. However, with inflation double the central bank’s 2 percent target and still rising, most expect a rate rise later this year.

LONDON, March 10 (Reuters) – The Bank of England kept
interest rates at a record low of 0.5 percent on the view that
Britain’s economic recovery remains too weak to sustain an
inflationary spiral, but investors still expect a hike by
mid-year.

Thursday’s decision was widely expected, but a small number
of investors had bet on a rise and the pound slipped slightly
after the announcement.

LONDON (Reuters) – The Bank of England looks set to keep interest rates at a record low of 0.5 percent on Thursday, judging that Britain’s recovery is currently too fragile to sustain a spiral of rising prices.

It is not a foregone conclusion, however. Some policymakers are growing increasingly nervous about the threat of inflation, and the European Central Bank gave a strong hint last week that it would raise rates next month.

LONDON (Reuters) – The global goods trade gap narrowed in January to its smallest in nearly a year with record exports of oil helping drive a recovery from its worst reading on record in December.

The improvement will provide some relief to policymakers who have pinned their hopes of economic recovery on exporting more at a time of weak domestic demand.

LONDON (Reuters) – The global goods trade gap narrowed in January to its smallest in nearly a year with record exports of oil helping drive a recovery from its worst reading on record in December.

The improvement will provide some relief to policymakers who have pinned their hopes of economic recovery on exporting more at a time of weak domestic demand.

LONDON (Reuters) – The Bank of England looks set to keep interest rates at a record low this Thursday, judging that Britain’s recovery is currently too fragile to sustain a spiral of rising prices.

It is not a foregone conclusion, however. Some policymakers are growing increasingly nervous about the threat of inflation, and three of the nine-strong Monetary Policy Committee voted to raise interest rates in February.

LONDON (Reuters) – The Bank of England looks set to keep interest rates at a record low this Thursday, judging that Britain’s recovery is currently too fragile to sustain a spiral of rising prices.

It is not a foregone conclusion, however. Some policymakers are growing increasingly nervous about the threat of inflation, and three of the nine-strong Monetary Policy Committee voted to raise interest rates in February.

LONDON (Reuters) – The Bank of England will have to decide next week whether a surge in inflation warrants an immediate rise in interest rates or whether to keep rates at record lows to support a fragile recovery.

The verdict is likely to be the latter, but debate in the nine-member Monetary Policy Committee is expected to be lively.