UK inflation dips, easing some pressure on government
Published on: January 15, 2025
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Britain's annual inflation rate unexpectedly fell to 2.5 percent last month, official data showed Wednesday, easing some pressure on the Labour government faced with economic unrest. - Bank of England - Despite falling, Britain's annual inflation rate remains above the Bank of England's 2.0-percent target rate, slowing the pace of its interest-rate cuts.
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