U.K. inflation rate rises to 14-month high of 2.9% in June

Note: This section contains information in English only.
Source: WBPonline
© Scanpix\Reuters
The yearly rate of Consumer Price Index rose from 2.7% in May to 2.9% in June, less than expected, mainly on the higher prices of clothing, motor fuels and footwear. On a monthly basis, the CPI rate declined 0.2%, while the annual core CPI measure rose 2.3%, overshooting expectations. The Bank of England awaits the inflation rate to continue adding to reach the highest level in 2013 of about 3.1%.
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Tue, 16 Jul 2013 10:40:17 GMT

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