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High UK inflation forces the Bank of England to make tough choices

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10 Proven Strategies to Improve Your Lead Conversion RateUK inflation data came in slightly higher than expected, helping the Pound to perform better than other European currencies on Wednesday.

At the same time, producer prices are lower than a year ago. The Input PPI is 2.6% lower than a year ago and has been negative for the past four months. Output PPI is down by 0.1% year-on-year and is only in slightly negative territory for the third month.

 

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