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UK Inflation At 3-Month Low

UK consumer prices grew at the slowest pace in three months in December, largely due to the slowdown in motor fuel inflation, which in turn reduced the squeeze on household spending.

Consumer price inflation slowed for the second straight month in December, to 10.5 percent, as expected, from 10.7 percent in November, figures from the Office for National Statistics revealed Wednesday.

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by Renju Jaya

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