Global Economic News

UK Inflation Steady At 1.7%

UK consumer prices grew at a steady rate, which was below the Bank of England's target, in September and factory gate inflation eased to the weakest in three years, figures from the Office for National Statistics showed Wednesday.

Consumer prices advanced 1.7 percent year-on-year, the same pace of growth as seen in August, and the lowest since late 2016. The rate was forecast to rise to 1.8 percent.

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by RTTNews Staff Writer

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