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Tag Archives: OFFICE FOR NATIONAL STATISTI

U.K. Inflation Ticks Higher on Its Way Toward BOE’s 2% Target

Photographer: Hollie Adams/Bloomberg Photographer: Hollie Adams/Bloomberg U.K. inflation unexpectedly accelerated in January, in what economists say is the first step toward a significant increase that could bring the rate close to the Bank of England 2% target later this year. Prices climbed 0.7% from a year earlier, boosted by the …

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