U.K. inflation misses expectations, yields rise anyway

20 March 2018

 

The U.K. has been one of the first countries to get inflation back to within its central bank’s stated target range of 2%-3%. Core inflation jumped back into the Bank of England’s preferred range in April 2017 and since then it has averaged 2.60%. The annual rate of U.K. consumer inflation fell back in February as price increases of transport and food slowed. Consumer price index (CPI) figures released by...

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