UK's inflation reaches its highest level since 2014

Source: Investing.com
© Reuters
The Consumer Price Index grew 0.5% in March from a year earlier, following February's 0.3% and reaching its highest level since December 2014. Until today, analysts expected the rate to show a 0.3% rise. Meanwhile, the CPI jumped 0.4% month-on-month in March, surpassing economists' forecast for a 0.3% increase and following a 0.2% drop registered in February.

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