U.K. Inflation Slows to 2.7% on Transport, Clothing Prices
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U.K. inflation slowed in August as transport costs and prices for new autumn clothing ranges rose less than a year earlier.
Consumer prices increased 2.7 percent from a year earlier, the least in three months, compared with 2.8 percent in July, the Office for National Statistics said in London today. That matched the median forecast of 34 economists in a Bloomberg News survey. Core inflation, which excludes volatile food and energy costs, remained at 2 percent.