UK delivers inflation surprise
The latest inflation figures for the British economy, released on Tuesday, showed that price increases have remained more robust than economists expected.
The annual rate of consumer price inflation for July registered at 1.8% - unchanged from a month earlier, and well above the consensus forecast of around 1.5%.
Inflation measured by the retail price index, which includes housing costs, such as mortgage interest and council tax, was minus 1.4% - marginally higher that the minus 1.6% recorded in
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