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UK inflation stagnated in November

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Dec 15, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    FXStreet (Mumbai) - UK’s consumer price index stagnated in November. It was expected to fall -0.1 per cent. Year on year the CPI came in at 0.1 per cent in November, in tune with market’s estimates and compared with a 0.1% fall in the year to October 2015.

    Movements in transport costs and alcohol and tobacco prices were the main factors that supported an increase in rates. Falling clothing prices partially offset the rise.
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