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Tuesday, 19 January 2010

Inflation Jumps in December

Today's inflation figures show a record jump in December of 1%, with CPI up to 2.9%. This jump was the largest since 1997 when monthly records began.

Economists are now predicting inflation to rise above 3% in Janaury, so what chance an interest rate rise at the Bnk of England's next monthly meeting?

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