Tuesday, 12 October 2010

September inflation: CPI 3.1%, RPI 4.6%

The numbers are out. CPI is unchanged at 3.1%, RPI is 4.6%, down from 4.7% in August. This is the seventh month in a row that CPI has been over its "hard limit" of 3% and 8th since it was at its 2% target. And even then it was only at or under target for the preceding five months.

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