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UK Inflation Weakest In More Than 2 Years

UK consumer price inflation reached its lowest level in more than two years in November, strengthening calls for early rate cuts even as Bank of England remains more cautious on signaling future easing.

The consumer price index rose 3.9 percent year-on-year, which was slower than the 4.6 percent increase in October, the Office for National Statistics reported Wednesday.

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by Renju Jaya

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