UK CPI rose at its fastest rate since records began…


By on October 18th, 2005.
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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

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