UK inflation edges higher

UK - New figures have shown that UK inflation edged slightly higher in March.

The annual rate of inflation excluding mortgage repayments rose to 2.3% in March, up from 2.2% in February, the Office for National Statistics said.

Inflation including mortgage repayments - which vary according to the level of interest rates - rose to 1.3% from 1.0% in February.

The figures have added to recent evidence that inflationary pressures are building up, but economists said an imminent rise in interest ra

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