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UK inflation to remain more than double BoE’s target for entire year

UK inflation will run at more than double the Bank of England’s two per cent target for a whole year, reveals fresh forecasts published on Monday (10 January).

UK inflation to remain more than double BoE’s target for entire year
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The rate of price increases will peak at 6.7 per cent this April, lifted higher by the energy bill cap being hoisted around 50 per cent, according to investment bank BNP Paribas.

Read more at City A.M.

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