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Commentary: UK inflation Remaining in Double Digits
LONDON (Capital Markets in Africa)- UK headline inflation falls to from 10.4% to 10.1% in February as Core inflation, stripping out food and energy prices, stays at 6.2%. Food and non-alcoholic beverages rise at fastest rate since 1977. Douglas Grant, Group CEO at Manx Financial Group PLC: Having narrowly avoided a recession, the UK economy could be showing signs of light at the end of the tunnel. However, the latest flatlining GDP data highlighted sluggishness…
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