Global Economic News

UK Inflation At 3-Month High In October

UK inflation accelerated more-than-expected to a three-month high in October driven by higher clothing and food prices, the Office for National Statistics reported Wednesday.

Consumer prices advanced 0.7 percent on a yearly basis in October, faster than the 0.5 percent increase logged in September. The rate was forecast to rise marginally to 0.6 percent.

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by RTTNews Staff Writer

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