U.K inflation up again, rate rise in “coming months”

17 October 2017

 

U.K. inflation in September has recorded the highest rate since April 2012 and it is another symptom of an economy which no longer requires ultra-low interest rates. The latest consumer price index (CPI) data from the Office of National Statistics indicated the consumer inflation rate was 0.3% in September, down from August’s 0.6% but in line with market expectations. Core consumer price inflation was also +0.3% for the month. On...

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