UK Nov in­fla­tion at two-year peak

China Daily (Hong Kong) - - BUSINESS -

UK in­fla­tion ac­cel­er­ated more than econ­o­mists fore­cast in Novem­ber, boosted by prices for cloth­ing and gaso­line. The jump to 1.2 per­cent from 0.9 per­cent in Oc­to­ber means con­sumer prices are ris­ing at the fastest pace since Oc­to­ber 2014. Econ­o­mists had an­tic­i­pated an in­crease to 1.1 per­cent. The lat­est data from the Of­fice for Na­tional Sta­tis­tics also added to ev­i­dence of the buildup in in­fla­tion pres­sures be­cause

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