Amid rising energy bills and higher interest rates squeezing UK household budgets, house price inflation softened in August, data published by Nationwide Building Society showed Thursday.
House price inflation slowed to 10.0 percent in August from 11.0 percent in July. Nonetheless, the rate remained in double-digits for the tenth month in a row. The rate was forecast to ease more sharply to 8.9 percent.
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by Renju Jaya
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