Wednesday, September 2, 2015   

UK inflation drops below Bank of England target rate
(02-18 18:22)

Britain's 12-month inflation slowed to 1.9 percent in January, the lowest level for more than four years, official data show.
In December, it had stood at 2 percent, the Bank of England's target rate.
With inflation low and British unemployment not yet below 7 percent, the Bank of England is likely to keep its main interest rate at a record-low level of 0.50 percent this year, according to economists.
On a month-on-month basis, the Consumer Prices Index fell 0.6 percent in January, the Office for National Statistics added in a statement.—AFP

   
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Canada slips into recession (09-01 20:54)
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Kevin Kelley named chief operating officer at Galaxy (09-01 19:16)
IMF chief warns emerging economies to brace for spillover from China slowdown (09-01 18:36)
(Technology) Curtail Windows 10 from tracking personal data (09-01 18:15)
China services sector activity slows (09-01 17:50)
Eurozone jobless rate drops below 11pc (09-01 17:17)
(Market turmoil) European sell-off worsens (09-01 17:09)

More breaking news >>

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