UK inflation remains at 0.1%

Note: This section contains information in English only.
Source: Bloomberg
Consumer inflation in the UK stayed in negative territory for the second month in a row in October, highlighting worries over deflationary pressures. Prices dropped 0.1% from a year ago, the same as in the preceding month and in line with analysts' forecasts. Core inflation that excludes energy prices and volatile food advanced to 1.1% from previously 1%. The BOE projects inflation to stay low into next year before it heads towards its 2% target. 
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