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18 October 2005

UK CPI rose at its fastest rate since records began...

UK CPI rose at its fastest rate since records began in September(1997) according to the Office for National Statistics. A rise of 2.4% for the third quarter was above the Bank of England's 2.2% target. However, the figure was still lower than many analysts expectations, which is why we are seeing sterling weakness in the first few minutes since the data release at 09:30

Posted at: 10:02

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