ECONOMICS COMMENTARY
Oct 15, 2013
UK: Inflation remains stuck at 2.7% in September, but industry price pressures ease
UK inflation was unchanged at 2.7% in September, confounding economists who were expecting the rate to fall for a third consecutive month to a five-month low of 2.6%. While an easing in factory gate price pressures hints at the rate falling in October, there remains a significant risk that inflation could remain higher than many - including the Bank of England - are expecting over the next year.
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