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Euronews
Euronews
AP with Eleanor Butler

UK inflation remains nearly double the target before BOE rate decision

Inflation United Kingdom Rachel Reeves Bank of England

Inflation in the UK held steady at 3.8% in the year to August, official figures showed on Wednesday, a day before the Bank of England is widely expected to keep interest rates on hold.

The Office for National Statistics found food and drink prices rose for the fifth month in a row, but airfares fell sharply after a big spike in July.

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