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Tobacco duty causes surprise boost to UK inflation in December

By Inquirer - 10 months ago
LONDON  -Britain’s annual rate of consumer price inflation rose for the first time in 10 months in December, increasing to 4 percent from a more-than-two-year low 3.9 percent in November, official figures unexpectedly showed on Wednesday. A rise in tobacco duty lay behind the increase, the ONS said. A Reuters poll of economists had pointed

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