( ) -q-19- UNDATED (Correspondent Jeremy House) “decline to 1.9-percent.” Inflation in the U.K. held steady at the Bank of England’s target rate of 2% in June. [CutID: <Cuts> UK-INFLATION-house-q-WEDam.mp3 Time: 22s Title: UK-INFLATION-house-q-WEDam Out-cue: decline to 1.9-percent] TAG: Correspondent Jeremy House reporting. Financial markets think it’s going to be a close call as to […]
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UK inflation stays at 2% target in June
( ) -q-19- UNDATED (Correspondent Jeremy House) “decline to 1.9-percent.”
Inflation in the U.K. held steady at the Bank of England’s target rate of 2% in June.
[CutID: <Cuts> UK-INFLATION-house-q-WEDam.mp3
Time: 22s
Title: UK-INFLATION-house-q-WEDam
Out-cue: decline to 1.9-percent]
TAG: Correspondent Jeremy House reporting. Financial markets think it’s going to be a close call as to whether the Bank of England will reduce its main interest rate from 5.25% on August first.
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VERBATIM: Britain’s Office for National Statistics says the largest upward contribution came from restaurants and hotels. The biggest downward contribution came from clothing and footwear, with widespread sales during the month. The flat annual reading compared to June a year ago was slightly higher than expected. Most economists had anticipated a modest decline to 1.9%