Tuesday, October 12, 2010
UK inflation remains above the upper limit, BoE policy makers split
UK inflation remains above the upper limit, BoE policy makers splitInflation woes remain persistent in the UK that is expected to face a tough challenge in the coming period due to mounting concerns represented in rising prices and sluggish growth amid spending-cut planes. Today, data released showed that annual CPI lingered at 3.1%, to hold above the bank's upper limit of 3.0% for the
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