U.K. Inflation Rises Unexpectedly; Factory Gate Prices Continue To Fall

Posted on Nov 18, 2014

U.K. inflation rose unexpectedly from a 5-year low in October as transport cost fell at a slower pace, while factory gate prices continued its downward trend. Inflation rose to 1.3 percent in October from 1.2 percent in September, the Office for National Statistics reported Tuesday. The rate was forecast to remain at 1.2 percent, the lowest since October 2009.

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