UK firms expect to raise prices by 5.9% over coming year: BoE survey

FILE PHOTO: Bank of England (BoE) building seen in London

LONDON (Reuters) - British businesses last month expected to raise their prices by 5.9% over the next year, cooling a little from 6.0% in April, a Bank of England survey showed on Wednesday.

Companies expected to see wage growth of 4.8% over the coming year, the survey showed.

(Reporting by Andy Bruce; editing by David Milliken)

Our goal is to create a safe and engaging place for users to connect over interests and passions. In order to improve our community experience, we are temporarily suspending article commenting