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Evening Standard
Evening Standard
Business
Jonathan Prynn

Inflation rises for second consecutive month to 2.6%

Office for National Statistics Inflation

The rate of inflation rose for the second month in a row in November further dashing hopes of an early interest rate cut.

The consumer prices index (CPI) went up from 2.3% to 2.6%, in line with City forecasts but ahead of the Bank of England’s 2% target.

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