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Evening Standard
Evening Standard
Business
Jonathan Prynn

Rachel Reeves handed pre-Budget boost as inflation stays unchanged at 3.8%

Rachel Reeves was handed a welcome pre-Budget boost today as the rate of inflation unexpectedly remained unchanged at 3.8% in September.

It was the third month on the trot that the Consumer Prices Index (CPI) has stayed at the same level. Many City forecasters had feared that the CPI could have hit 4% and some commentators today said that the recent inflation resurgence may have peaked.

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