Economists expect inflation to enjoy remained unchanged in September but core inflation predicted to edge upFalling pump prices and a cut in energy bills by British Gas are expected to enjoy kept inflation at zero last month,putting little pressure on the Bank of England to raise interest rates from their record low any time soon.
Official figures on inflation due at 9.30am are forecast to exhibit no change in the consumer prices index degree. Against the backdrop of tumbling global commodity prices, from food to oil, or inflation in the UK has been at or close to zero since February,well below the Bank’s target of 2%.
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Source: theguardian.com