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The Bank of England is expected to opt to hold rates at its next Monetary Policy Committee meeting in Sepetmber
The UK Consumer Price Index rose by 2.2% in the 12 months to July 2024, after reaching the Bank of England’s (BoE) 2% target in the previous two months, according to the Office for National Statistics (ONS).
The largest contribution to the headline inflation figure came from gas and electricity prices, as they fell less than they did a year ago, while the largest contribution came from restaurants and ...
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