UK Issues Continue To Inflate


After euro buyers revelled in relative sterling strength over the past few days we all must have been assuming that the ‘good old days’ had returned. That was until the UK decided to release some crucial figures. We have all been aware that our inflation rate remains well above target but the majority of us, including Bank of England Governor Mervyn King had all hoped that like economic growth, inflation would stagnate as well. However, this was not to be the case as data revealed yesterday the rate of Consumer Price Index inflation rose by 0.1 percent to an eye watering 4.5 percent.

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UK Issues Continue To Inflate

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