UK inflation proves stickier than expected at start of 2018

LONDON (Reuters) - British inflation unexpectedly held close to its highest level in nearly six years in January, highlighting the challenge the Bank of England will face as it tries to return price growth to target over the next two years.

Consumer price inflation remained at an annual rate of 3.0 percent in January, unchanged from the month before, after reaching its highest since March 2012 in November at 3.1 percent, the Office for National Statistics said.

The figure was...
source: Reuters

2018-02-13 12:35
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