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UK inflation swings upward, in a U-turn

Por: The Boston Globe Business March 22, 2023

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Britain’s inflation rate unexpectedly rose last month, reversing its recent downward trend and potentially undermining expectations that the Bank of England was close to halting interest rate increases.Consumer prices in February rose 10.4 percent from a year earlier, the Office for National Statistics said Wednesday. The rate had slowed for three consecutive months, to 10.1 percent in January after it peaked in October at 11.1 percent, the... + full article



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