CPI inflation in line with expectations

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Source: Forexpros

Office for National Statistics reported on Tuesday that consumer prices in the U.K. grew in August. Consumer price index declined to 2.5% for the year prior to August from the figure of 2.6% in the preceding month. The data is in line with expectations, since analysts predicted that the U.K. CPI would be equal to 2.5% last month.

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Tue, 18 Sep 2012 10:41:04 GMT

U.K. RPI fell more than expected

Office for National Statistics reported on Tuesday that the Retail Price Index, which measures the difference in prices for goods that consumers buy for the purpose of consumption, declined but less than expected. In the year that preceded August, retail prices grew by 2.9%, compared to a July's reading of 3.2%, and defying the expectations of a 3.1% growth.

Tue, 18 Sep 2012 10:19:03 GMT

Asia stocks decline on China, Japan dispute

Most Asian stocks slipped on Tuesday as worries about the outcome of a territorial conflict between China and Japan pulled further on investor sentiment. The Shanghai Composite Index fell 0.9%, while Nikkei Stock Average tumbled 0.4%. The Hang Seng Index dropped 0.3% and Australia's S&P declined 0.2%, while Kospi rose 0.1%.

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