EconomyMar 22 2023

Inflation unexpectedly accelerates to 10.4% in February

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Inflation unexpectedly accelerates to 10.4% in February
Inflation rose in February, pushed up by rises in the price of alcohol in pubs and restaurants (Jose Sarmento Matos/Bloomberg)

The rate of inflation unexpectedly sped up in February, increasing the pressure on the Bank of England to raise interest rates ahead of its meeting tomorrow (March 23).

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