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UK inflation rate down to 10.1% in March – ONS

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British consumer price inflation fell to 10.1 percent in March from February’s 10.4 percent, figures from the Office for National Statistics showed on Wednesday.
Economists polled by Reuters had forecast that the annual CPI rate would drop to 9.8 percent in March, moving further away from October’s 41-year high of 11.1 percent but still eating into the spending power of workers whose pay is rising by less.

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