UK inflation jumps to 3.5% — cementing rate hike expectations
Summary
The rate of inflation in the United Kingdom has risen to 3.5 percent. This increase has solidified expectations that interest rates will be raised soon.
U.K. inflation rose by a hotter-than-expected 3.5% in the 12 months to September, driven by the surging cost of motor fuels.
Source: Read the full story at US Top News and Analysis
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