UK inflation to hold steady at 3.1% in October

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UK inflation to hold steady at 3.1% in October

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11-15-2010, 04:00 PM

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UK inflation to hold steady at 3.1% in October

The Office for National Statistics (ONS) is scheduled to announce the UK inflation rate for October tomorrow morning, with analysts expecting the annual rate to hold steady at 3.1%. With inflation way above the 2% target, the Governor of the Bank of England, Mervyn King, will be forced to write a letter to Chancellor George [...]

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