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UK September CPI up by 3.1 percent rise in line with expectations

Release Date:2012-05-05  Hits:188
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British National Bureau of Statistics data released on October 12 show, the UK consumer price index (CPI) in September rose 3.1 percent for the ninth consecutive month above the one percent or more provisions of the Bank of England's inflation target of 2% .


market participants pointed out that a high level of data or the Bank of England will suppress the implementation of the expectations of additional quantitative easing measures, the United Kingdom will be caught in the awkward position of economic recovery on weak footing rapid implementation of a more stimulative monetary policy World steel pipe network editing .


earlier in the 11th, the British Chancellor of the Exchequer George Osborne has said that expansion of loose monetary policy outlook is uncertain, is one of the pounds currently bear the main burden of


British National Bureau of Statistics said the UK September CPI rose in line with expectations; excluding the impact of energy, food, alcoholic drinks and tobacco prices, the United Kingdom in September core CPI rose 2.7%, or less than 2World Steel Pipe .8% in August, but higher than expected 2.6%.

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