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Government BoE

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UK inflation down sharply, good news for PM Sunak
November 15th, 2023 - 10:58 GMT

UK inflation down sharply, good news for PM Sunak

ALBAWABA – Official data released Wednesday by the United Kingdom’s (UK) Office of National Statistics showed UK inflation fell more than expected in October, relieving some pressure for Prime Minister Rishi Sunak. The Consumer Prices Index (CPI) hit a two-year low at 4.6 percent, the ONS said, which is good news for Sunak’s government, having fallen below the five-percent target ahead of next year's general election. UK inflation, mainly CPI ...
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