This annual consumer prices index (CPI) inflation rate, unveiled yesterday by the Office for National Statistics, was slightly below the 2.8% figure forecast by the City but above the 2% target set by the Treasury for the Bank of England.
ANNUAL UK inflation came in at 2.7% for a fourth consecutive month in January – the longest period in which it has been flat since comparable records began in 1996.
This annual consumer prices index (CPI) inflation rate, unveiled yesterday by the Office for National Statistics, was slightly below the 2.8% figure forecast by the City but above the 2% target set by the Treasury for the Bank of England.
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