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Evening Standard

Politics

Henry Saker-Clark

Service sector growth slows as price inflation drops to almost five-year low

Inflation United Kingdom

UK inflation is expected to remain above the 2% target when official figures for August are released on Wednesday amid a resurgence in price pressures across the key services sector (Alamy/PA) -

Growth in the UK services sector slowed down last month amid softer consumer demand, according to new figures.

Meanwhile, price inflation in the sector eased to its lowest level for almost five years.

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