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U.K. Inflation Falls Unexpectedly, Easing Pressure on Bank of England

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The surprise drop increases the chance that the central bank could soon pause a series of rises in its key interest rate.

ByThe U.K.’s core inflation—which excludes volatile items such as food and energy—also fell sharply.LONDON—The U.K.

’s annual rate of inflation fell for a third straight month in August, surprising economists and increasing the likelihood that the Bank of England may soon pause a series of increases in its key interest rate.Continue reading your article with

 

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