UK Inflation
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U.K. Inflation Unexpectedly Stagnates as Pound Drop Fades
EghtesadOnline: The U.K. inflation rate held steady in July, falling short of forecasts because of lower oil prices and the fading effects of the pound’s drop after the Brexit vote a year ago.
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U.K. Consumers Get No Relief Just Yet From Inflation Squeeze
EghtesadOnline: U.K. shoppers are in the “teeth” of a squeeze on their pockets and they’re going to have to ride it out for the rest of the year.
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Carney Braces for Brexit Twists as Inflation Unease Grows
EghtesadOnline: Mark Carney warned that surprises could still be ahead as the U.K. starts the formal process of leaving the European Union, and the Bank of England is ready to respond accordingly.
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U.K. Retail-Sales Slump Hints at Cracks in Brexit Boom
EghtesadOnline: U.K. Chancellor of the Exchequer Philip Hammond told a Davos gathering on Friday that an inflation pickup will put a damper on consumers this year. The first signs may already…
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Carney’s Balancing Act Gets Trickier as Brexit Saga Hits Pound
EghtesadOnline: Mark Carney says his tolerance for faster inflation is limited, and the signs are that those limits will be tested.
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UK Inflation Rate Rises
EghtesadOnline: The UK inflation rate rose 0.5% in June, a higher rate than the 0.3% reported in May, indicating inflation is back on an upward trend towards the 2% target, said economists.