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UK Inflation Dips Less Than Expected In May

International Business Times Fews App News Provider
Fews App Post Time 5h ago

The inflation update followed official data last week showing that Britain's economy shrank more than expected in April AFP British inflation eased less than expected in May after surging in April, official data showed Wednesday, fuelling expectations that the Bank of England will hold interest rates steady this week. The Consumer Prices Index dipped to 3. 4 percent last month from a 15-month high of 3.

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