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ECONOMICS COMMENTARY
Mar 19, 2013
UK inflation rises to nine-month high and supply chain price pressures build
Inflationary pressures picked up in February, not just at the retail level but also in the supply chain. Alongside some signs of underlying improvement in the economy and concerns about the weakness of the pound, the upturn in price pressures is likely to cause the Bank of England to hold back on voting for further stimulus at its next meeting.
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